What kind of circuit would be required to implement a regenerative braking system on a electrical assisted bicycle with a motor like this?
The motor is brushless and the kit comes with a big ESC box. Regenerative braking was not an advertised feature.
As far as 'why do this': you could use it with a small battery for using energy (on the next hill) that would otherwise be waisted in burning up your brakes during long down hill stretches