A drive assembly for a kart, and a kart including the assembly is disclosed. The assembly includes an electric motor including an output shaft; an assembly housing surrounding the motor, the housing defining an aperture; an intermediate shaft rotatably disposed within the assembly housing; a driving gear removably disposed on the output shaft within the housing; a reduction gear removably disposed on the intermediate shaft within the housing; and a panel removably connected to the housing for selectively covering the aperture, the driving gear and the reduction gear being removable from the motor and the housing via the aperture when the panel is removed from the housing, the panel, the driving gear, and the reduction gear being disposed above a maximum level of transmission oil contained within the housing when the motor is not operating. A method of changing a kart transmission ratio is also disclosed.