Honda Motor Co., Ltd. Invests in Enedym Inc. to Accelerate Next-Generation Rare-Earth-Free Motor Innovation
Enedym Inc. (“Enedym”), a pioneering clean technology company specializing in next-generation switched reluctance motors (SRMs), electric powertrains, and advanced control systems, today announced that it has secured a strategic investment from Honda Motor Co., Ltd. (“Honda”). The funding comes through Honda Xcelerator Ventures, Honda’s global open innovation program designed to collaborate with and invest in promising technology startups around the world.
This investment represents a major step forward for Enedym, providing both the financial backing and strategic partnership necessary to accelerate the commercialization of its patent-protected SRM technologies, expand its engineering capabilities, and scale up operations.
Driving the Future of Electrified Mobility
Headquartered at McMaster Innovation Park in Hamilton, Ontario, Canada, Enedym is a spin-off from world-renowned research conducted at McMaster University under the leadership of Dr. Ali Emadi, Canada Excellence Research Chair Laureate in Hybrid Powertrain Systems. With a robust portfolio of more than 70 issued and pending patents, Enedym’s mission is to revolutionize the electric motor market by developing high-performance SRMs that completely eliminate the need for rare earth metals — materials that are costly, environmentally damaging to mine, and geopolitically constrained.
Enedym’s cutting-edge SRM designs leverage proprietary motor configurations and sophisticated digital control strategies to overcome traditional SRM challenges such as torque ripple, noise, and vibration. In addition, the company’s digital motor design platform dramatically reduces design and development time and cost, empowering faster innovation cycles and improved scalability across applications — from electric vehicles (EVs) and micromobility solutions to industrial machinery and wind energy systems.
Strategic Collaboration with Honda
Honda’s investment reflects the automaker’s ongoing commitment to advancing sustainable mobility solutions and achieving its long-term goal of carbon neutrality by 2050. The company has been actively pursuing partnerships with innovators capable of supporting its electrification roadmap, which includes expanding its EV and hybrid offerings across global markets.
“Enedym has developed a truly innovative switched reluctance motor technology that eliminates the use of rare earth materials,” said Manabu Ozawa, Managing Executive Officer of Honda Motor Co., Ltd. “Most electric propulsion motors today depend on permanent magnets made from rare earth metals, which are both expensive and pose environmental challenges. Enedym’s approach avoids these drawbacks, and Honda sees great potential in this technology for a sustainable and resilient electrified future.”
A Shared Vision for Clean, Efficient Power
Dr. Ali Emadi, Founder, President, and CEO of Enedym, emphasized how this collaboration aligns with Enedym’s mission to make electrification more sustainable and affordable:
“At Enedym, we have redefined what switched reluctance motors can do. Through proprietary configurations, cutting-edge control algorithms, and comprehensive system optimization, we have overcome the historical limitations of SRMs. Our next-generation motors are quiet, efficient, powerful, and scalable — suitable for everything from passenger cars to commercial vehicles and renewable energy systems.”
Dr. Emadi continued, “We are extremely pleased that Honda recognizes the transformative potential of our motor technology. This investment not only validates our approach but also strengthens our partnership as we work together to deliver breakthrough motor solutions that support global decarbonization.”
Transforming the Motor Landscape
Electric motors are the beating heart of the clean energy transition, powering everything from EVs and drones to HVAC systems and industrial equipment. However, most high-performance motors currently rely on rare earth magnets such as neodymium and dysprosium, sourced primarily from limited global suppliers. This dependence creates supply chain vulnerabilities, high costs, and environmental concerns associated with mining and processing these materials.
Enedym’s SRM technology eliminates these challenges by using simple, magnet-free designs that rely on robust steel and copper components, resulting in:
- Lower material costs and improved supply chain resilience
- Simplified manufacturing and reduced carbon footprint
- Comparable or superior performance to traditional permanent magnet motors
- Enhanced recyclability and end-of-life sustainability
The company’s innovations also extend to powertrain control systems, where advanced software and AI-driven optimization further enhance efficiency, torque control, and overall drivability — key requirements for both consumer and commercial EV applications.
Scaling Innovation for Global Impact
With Honda’s support, Enedym plans to accelerate product validation, expand pilot projects with OEMs, and bring its SRM solutions to mass-market readiness. The company is targeting applications across automotive, industrial, agricultural, and wind energy sectors, where its cost-effective and high-efficiency designs can deliver meaningful impact.
This collaboration also provides Enedym access to Honda’s extensive expertise in vehicle integration, quality assurance, and global supply chain management, creating new opportunities to align technology development with real-world production requirements.
Toward a Sustainable Electrification Ecosystem
Enedym’s mission extends beyond developing motors — it aims to catalyze a new era of sustainable electrification by combining advanced engineering, digital innovation, and environmental responsibility. The partnership with Honda serves as a strong endorsement of Enedym’s vision and a powerful example of how automakers and technology innovators can work together to accelerate progress toward a cleaner, electrified future.
By aligning technological innovation with responsible sourcing and efficient production, Enedym and Honda are poised to help reshape the global electric powertrain landscape — making advanced electric mobility more accessible, affordable, and sustainable for industries and consumers worldwide.
About Enedym Inc.
Enedym Inc., based in Hamilton, Ontario, is a next-generation electric motor company developing high-performance switched reluctance motors, electric powertrains, and digital design tools that eliminate rare earth materials. Founded by Dr. Ali Emadi, Enedym leverages cutting-edge research from McMaster University to deliver efficient, scalable, and sustainable solutions for a wide range of electrification applications.
About Honda Xcelerator Ventures
Honda Xcelerator Ventures is Honda’s global open innovation initiative that identifies, invests in, and collaborates with innovative startups to accelerate transformative technologies in mobility, energy, and sustainability. Through strategic investments and co-development partnerships, Honda Xcelerator Ventures supports innovators shaping the future of mobility and clean energy.
