Three phase induction motors have a very simple construction made up of a stator protected with electromagnets, and a rotor made up 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 through the use of a three-phase current at the stators electromagnets. Therefore induces a current within the rotor’s conductors, which in turns creates rotor’s magnetic field that attempts to check out stator’s magnetic field, pulling the rotor into rotation.
Great things about AC Induction Motors are:
Induction motors are basic and rugged in construction. They are more robust and can operate in virtually any environmental condition
Induction motors are cheaper in expense because of simple rotor construction, absence of brushes, commutators, and slip rings
They are maintenance free motors unlike dc motors because of the lack of brushes, commutators and slip rings
Induction motors could be operated in polluted and explosive conditions as they do not have brushes which can cause sparks
AC Induction motors are Asynchronous Machines and therefore the rotor will not switch at the precise same speed because the stator’s rotating magnetic field. Some difference in the rotor and stator rate is necessary to be able to make the induction in to the rotor. The difference Induction Motor china between the two is called the slip. Slip should be kept in a 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 control causes a simultaneous, fixed-ratio Frequency and Voltage alter.
Controlled Slip: a Shut Loop speed where voltage and frequency are managed to keep slip inside a narrow range while operating at a preferred speed.
Field Oriented Control (Vector Drive): a Closed Loop Rate and Torque control that works by optimizing the rotating field of the stator vs. this 
of the induced field in the rotor.
Find this video from Learning Engineering for a visual illustration on how AC Induction Motors are constructed and work.
