A drive is the Electric Drive Motor electronic device that harnesses and settings the electrical energy delivered to the electric motor. The drive feeds electrical power into the motor in varying amounts and at various frequencies, thereby indirectly managing the motor’s rate and torque.

So the many economical choice will be a Three Phase Induction motor accompanied by a BLDC engine. I’d suggest BLDC ( because of its huge marketplace penetration recently,ease of availability and easier consumer electronics/control ) or PMSM (Long term magnet synchronous motors )