A drive is the electronic device that harnesses and regulates the electrical energy delivered to the motor. The drive feeds electrical power into the motor in different amounts and at various frequencies, thereby indirectly managing the motor’s acceleration and torque.
So the the majority of economical choice will be a Three Stage Induction motor followed by a BLDC Electric Drive Motor china electric motor. I would suggest BLDC ( for its huge market penetration in recent times,ease of availability and easier electronic devices/control ) or PMSM (Permanent magnet synchronous motors )