A drive is the electronic 
device that harnesses and controls the Electric Drive Motor china electrical energy sent to the motor. The drive feeds electricity into the motor in various amounts and at various frequencies, thereby indirectly managing the motor’s acceleration and torque.
So the many economical choice will be a Three Phase Induction motor followed by a BLDC motor. I would suggest BLDC ( because of its huge marketplace penetration recently,ease of availability and easier electronics/control ) or PMSM (Permanent magnet synchronous motors )