You are misunderstanding me.

Electric Motor Manufacturing, for more than a hundred years, has been primarily concerned with bending iron and copper into the correct shapes, then piecing them together into a functional motor. A good example of this would be the Universal Motor, which is a very old design.

https://en.wikipedia.org/wiki/Universal_motor

There are no electronic parts in one of these.

Another example would be the brushed motor.

https://www.linquip.com/blog/brushed-dc-motor/

Again, no electronic parts required.

These are being replaced by smaller, more efficent brushless motors which have electronic controllers that are both very sophisticated and cost more than the (now smaller) physical motor.

The Electric Motor industry is being transformed into a small, auxiliary industry which services the electronics manufacturer.

Brushless motors with sophisticated electronic speed control are fundamentally different to the motors of old, and they offer vast advantages. More to the point, they are less expensive when considering Total Cost of Ownership.