Switched reluctance machines (SRMs) are considered as serious candidates for starter/alternator (S/A) systems in more electric cars. Robust performance in the presence of high temperature, safe operation, offering high efficiency, and a very long constant power region, along with a rugged structure contribute to their suitability for this high impact application. To enhance these qualities, we have developed key technologies including sensorless operation over the entire speed range and closed-loop torque and speed regulation. The present paper offers an in-depth analysis of the drive dynamics during motoring and generating modes of operation. These findings will be used to explain our control strategies in the context of the S/A application. Experimental and simulation results are also demonstrated to validate the practicality of our claims.