skyl4rk:
A VFD is pretty expensive. Low-power units, for motors up to a horsepower or so, were in the 200-300 dollar range the last time I bought any, about 10 years ago. Plus, the motors themselves have to be rated to be used at low frequencies, (and therefore, lower speeds, and less cooling) and are more expensive also. Your standard AC motor won't cut it. (Edit: here's a link to
fractional HP "off brand" VFDs - a .5 HP unit is $189)
That other motor, from EBay could also be used as a DC generator, if you wanted to hook it up to a small gas engine. Or, it could be used to drive the bike. It needs 120 VDC though to develop full power though, which
could be supplied through a lamp dimmer/rectifier circuit, as I mentioned above.
However, in order to be a true hybrid, you would need 120 volts worth of batteries to push it to it's maximum output, plus a different control circuit. Probably a control circuit based on high speed switching and pulse width modulation, similar to what I described earlier, if you want to wanted to remain fairly efficient.
cooltoy: That'sDax also has a background in Electronic Engineering. There are probably others here as well