An internal combustion engine has a crankshaft with at least one throw being formed as a complete disc over at least a portion of its thickness. Permanent magnets are attached to the disc of the at least one throw in an annular array. Electromagnets are attached to the engine block, a brace coupled to the engine block, and/or an oil pan mounted to the engine block. The brace may include one or more circular structures surrounding the discs of the throws, and may support the electromagnets. The electromagnets are positioned opposite the permanent magnets. A control system selectively provides electrical current to the electromagnets to affect the motion of the crankshaft, and may further selectively activate and deactivate at least one of the cylinders by stopping fuel flow, spark, and/or intake valve actuation.