the diodes on the left side (rectifier), and the big starting cap make me think welder, but the transformer looks like a battery charger with 6 & 12 volt windings.
Of my two brothers, the older bought a honda three wheeler back when. He lived in the country and we set up a race course that zig- zagged around bushes and trees then a hairpin at the corner of the yard bounded by a gravel road, then a dash to the finish line. We timed our laps, and were close...
06 Trailblazer with unstable idle, "erratic idle up". The ECM would not complete a "calibration re-flash with updates",so a used ECM @ $65.00 was installed then flashed and the truck was all better. I wanted to look inside the old ECM. Impressive, where is the idle screw??;)