A method and equipment (apparatus) for estimating motor parameters includes: receiving an operating parameter of an electric motor, estimating an estimated first motor parameter based on the operating parameter and on an initially determined second motor parameter and estimating an estimated second motor parameter based on the operating parameter and on an initially determined first motor parameter. The equipment (apparatus) and the method further include estimating a revised estimated second motor parameter based on the estimated first motor parameter and on the operating parameter, and estimating a revised estimated first motor parameter based on the estimated second motor parameter and on the operating parameter.