Honda Motor Company invests in electric motor startup Enedym

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Corporate developments

Honda’s investment in Enedym will be used to accelerate the startup’s patented motor technology development and ramp up its operations

Enedym Inc., an electric motor startup based out of Canada, announced on October 21 that it has received an investment from Japanese automaker Honda Motor Company as part of the latter’s global open innovation program called Honda Xcelerator Ventures.

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