Adamas Intelligence Report - Electric Growth, page-29

Huh?

From Wikipedia

The switched reluctance motor (SRM) is a type of stepper motor, an electric motor that runs by reluctance torque. Unlike common DC motor types, power is delivered to windings in the stator (case) rather than the rotor. This greatly simplifies mechanical design as power does not have to be delivered to a moving part, but it complicates the electrical design as some sort of switching system needs to be used to deliver power to the different windings. Electronic devices can precisely time switch, facilitating SRM configurations. Its main drawback is torque ripple. Controller technology that limits torque ripple at low speeds has been demonstrated.^[1]

An alternate use of the same mechanical design is as a generator. The load is switched to the coils in sequence to synchronize the current flow with the rotation. Such generators can be run at much higher speeds than conventional types as the armature can be made as one piece of magnetisable material, as a slotted cylinder.^[2] In this case the abbreviation SRM is extended to mean Switched Reluctance Machine, (along with SRG, Switched Reluctance Generator). A topology that is both motor and generator is useful for starting the prime mover, as it saves a dedicated starter motor.