Three phase induction motors employ a simple construction composed of a stator covered with electromagnets, and a rotor composed of conductors shorted at each end, arranged as a “squirrel cage”. They work on the theory of induction in which a rotating electro-magnetic field it produced by applying a three-phase current at the stators electromagnets. Therefore induces a current within the rotor’s conductors, which in turns produces rotor’s magnetic field that tries to check out stator’s magnetic field, pulling the rotor into rotation.

Benefits of AC Induction Motors are:

Induction motors are simple and rugged in building. They are more robust and can operate in virtually any environmental condition

Induction motors are cheaper in cost due to simple rotor construction, absence of brushes, commutators, and slip rings

They are free of maintenance motors unlike dc motors because of the lack of brushes, commutators and slip rings

Induction motors can be operated in polluted and explosive conditions as they don’t have brushes that may cause sparks

AC Induction motors are Asynchronous Machines meaning that the rotor will not change at the specific same speed because the stator’s rotating magnetic field. Some difference in the rotor and stator velocity is necessary to be able to develop the induction into the rotor. The difference between your two is called the slip. Slip must be kept within an optimal range to ensure that the motor to operate effectively. Roboteq AC Induction controllers could be configured to operate in one of three modes:

Scallar (or Volts per Hertz): an Open loop mode in which a command causes a simultaneous, fixed-ratio Frequency and Voltage modify.

Controlled Slip: a Closed Loop speed where voltage and frequency are managed to keep slip within a narrow range while working at a desired speed.

Field Oriented Control (Vector Drive): a Closed Loop Quickness and Torque control that works by optimizing the rotating field of the stator vs. this of the induced field in the rotor.

See this video from Learning Engineering for a visual Induction Motor illustration on how AC Induction Motors are constructed and work.