An induction motor assembly for converting an electrical input to a mechanical or rotating work output. A related generator variant converts a rotating work input to a converted electrical output utilizing the same efficiencies achieved by the present design. An outer rotatable component incorporates a plurality of magnets arranged in a circumferentially extending and inwardly facing fashion according to a first perimeter array, the outer component further incorporating a rotating shaft projecting from a central location. An inner concentrically arrayed and stationary component exhibits a plurality of coil sub-assemblies, each including a multi-wire and multiple winding braided configuration. The coil sub-assemblies are supported in an exteriorly facing fashion upon the inner stationary component according to a second perimeter array, such that a determined gap separates coil sub-assemblies from the inwardly facing magnets. A three phase current introduced typically to the outer stationary coils rotating the outer magnetic component with central projecting shaft.