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A drive is the electronic device that harnesses and controls the electrical energy sent to the motor. The drive feeds electrical power in to the motor in Electric Drive Motor various amounts and at different frequencies, thereby indirectly controlling the motor’s speed and torque.

So the the majority of economical choice would be a Three Phase Induction motor followed by a BLDC engine. I would suggest BLDC ( for its huge marketplace penetration recently,ease of availability and easier consumer electronics/control ) or PMSM (Long lasting magnet synchronous motors )