Announced

Honda Motor to invest in Enedym.

Synopsis

Honda Motor, a Japanese multinational conglomerate automotive manufacturer, agreed to invest in Enedym, a technology company that develops switched reluctance motors, electric powertrains, and powertrain controls. Financial terms are not disclosed. “At Enedym, we have redefined what switched reluctance motors can do. Through proprietary motor configurations, cutting-edge control strategies, and comprehensive design optimization, we have overcome the traditional limitations of SRMs. Our high-performance motors are quiet, efficient, powerful, and scalable.” Dr. Emadi added, “We are very pleased that Honda sees the potential of our motor technology. We are excited to deepen our partnership with Honda and welcome them as our strategic investor," Ali Emadi, Enedym Founder, President, and CEO.

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