I've a few questions ifn' ya don't mind
Why the HF 212?
Why a hub motor mounted as mid drive?
Assuming a plug-in, parallel hybrid - what batteries?
If it's a "test mule for (a) production bike" what's your customer base?
Build what you will for the love of tinkerin' I figure, but as a hybrid owner myself I'm just wondering if you've fully explored all your options is all. I built for just myself & it's designed for comfort, reliability & efficiency - but were I to go for speed, I don't think I'd have chosen the 212 for that either as it's a rather large, bulky & heavy engine for it's HP... and both size & weight gets to be a serious concern with hybrids in particular.
Hub motors are one of my favorites, I love their simplicity & compact design - but they're RPM limited, they'll create quite a lot of drag if pushed beyond their maximum via another motor, which means it would need be freewheeled and provide only low speed assist, off the line & no more. They're also an odd shape as they're supposed to fit between the stays, thin and tall it'd be awkward when they've standard side-shaft motors available designed for mid-drives, of which would also aid low-speed acceleration but would be unlikely to reach the speeds you're looking for. They've motors that will ofc, but they're somewhat exotic & very hungry.
Which brings up the electric power supply, a problematic endeavor with any hybrid no matter the application. The HF 212 is ideally suited to serve as a generator in a series hybrid as it's a utility motor, but it's a massive & heavy unit to squeeze into a bicycle to begin with, let alone as a full genset. A plug-in parallel eliminates the generator as both the gas & electric are drives, but this necessitates batteries & with these weights/speeds, that's either costly or very bulky & heavy, perhaps even both.
Which brings up the customer base - no matter how it's done, it won't be what most consider inexpensive. Essentially two motorized bicycles built into one it's at best twice the complexity & cost for not twice the preformance... which gets difficult to market as there's likely simpler, lighter bikes that would meet or exceed it's capabilities for the same price or less.
Power to weight is everything, despite advances in the automotive application I'm not sure I'd use a hybrid platform for maximum speed as a motorized bicycle - if I were, I'd likely explore light, small preformance two strokes (KTM clone or horizontals) which have an equivalent HP output as he HF for a fraction of the weight & size yet cost about the same (depends on redrive choices). They haven't the torque it's true - but that's the electric's strongest aspect, it's "instant torque" complementing the ICE's HP output for hybrid harmony.
If you're just buildin' for the joy of it - have at & no worries, hybrids are a great concept to experiment with & I love mine. If however like you've said it's a "test mule for (a) production bike... top speed should be in the 90s" I've gotta caution what you may well be aware of, it's likely going to be an expensive novelty difficult to recoup your investment from, particularly as a homebuilt motorcycle.
Just as an example, one that admittedly is quite different in concept & application - my "tribrid tadpole" took three winter seasons to design & build, for about $3500 invested. Granted, as a recumbent trike w/lots of shiny toys your overhead/cost would be less... but perhaps not as much less as would be ideal for retail as aside from shocks & one extra wheel, most our components are similar. I think my lil toy is defo worth what I spent in time & monies, but I wouldn't dream of being able to turn a profit with it lol:
http://motorbicycling.com/showthread.php?t=24210
