This paper investigates the complete performance impact analysis of Synchronous Reluctance Motor (SynRM) designed for an electric Auto Rickshaw application. Here, different magnetic core steel grades are used for the same motor geometry with the TLA rotor. As it is an electric traction application, proper operation of the motor under various operating specifications is critical. Therefore, a thorough study is conducted using the finite-element method combined with an experiment-based magnetic material model at rated speed. Based on the magnetization and hysteresis characteristics of the steel sheets, variations on the performance indexes such as the average torques, torque ripples, and iron losses by using a different stator and rotor materials are investigated. Some valuable comparison results are provided through simulation and experimental validation results are shown with a prototype built.