If you're crafty enough and willing to put forth the effort, you could use it for a bicycle hub generator/motor. It would be much like making a permanent magnet generator out of a car alternator such as those used in small, home wind turbines. The motor is thin enough and there should be a way to tie it in to the rest of the bike. I think the most work will be rewinding the stator and, second, putting magnets in the rotor.
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