I should have been more careful in my selection of Amazon offerings. The motor and controller I bought has a solid shaft with the ER11 collet socket machined directly into the shaft.Is that the same motor? The Amazon link shows an output shaft (presumably running through bearings) & separate ER 'collar' mounted on shaft retained by set screw.
But your disassemble pic looks like an integral ER shaft running through motor housing/bearing(s)
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Some if the specs are BS, maximum RPM is 12,000, and actual current draw is more like 100 watt at 48 volt. But it is very smooth and quiet and is a massive improvement over the original brushed 24v spindle I had.