energyi said:
I would have to disagree. A generator can be 97% efficient
It can be, but bike generators won't be. You get those 97% numbers for utility scale generators at one operating point. These monsters operate at one speed all the time, and are only 97% efficient at one power level (usually maximum.) They can get there because weight and size (and sometimes even cost) are no object.
For a bike generator, you have to gear it up to run at a reasonable speed. That's another loss. Or you can run directly off the pedals, but then you are designing a VERY low RPM generator with huge magnets, and your eddy current losses go way up. You would be lucky to hit 80-85% efficiency with one.
Next you have to convert AC to DC. You can do it with diodes, easy. Diodes guarantee a loss of between .5 and 1 volt. On a 48 volt system that's another loss. Call that 98% efficient.
Next you have to charge batteries. Lithium ion batteries are very efficient coulombically - for every amp hour you put in you can get an amp hour out. But they are not efficient energy wise, because you are charging at 4.2 volts per cell and discharging at 3.8 or so. So that's another 90% efficient step.
Next you hit the motor controller. You can do pretty well with these - 95% would not be unusual for a good, well-matched controller.
Finally, at the motor, you can see 85% peak efficiency. But for a bike ridden in the real world of hills and changing loads, your average efficiency is going to be closer to 75%.
So your overall efficiency is: .80*.98*.90*.95*.75 = 50% efficiency. Now, you could improve that with custom designed (and expensive, and heavy) components. But let's say you're rich, and do an awesome design job and get that to 70%. Do you really want to throw away a third of your pedaling power? I don't know about you, but I need all the legpower I've got when I am on a conventional bike.
For people who can't pedal, but use a hand crank, this is a no-brainer better scenario than the current expensive mechanical solutions available.
Justin did a pretty good job with one for not a lot of $$. The commercial ones out there run $1500 and up - but your solution would likely be a lot more expensive.