in my opinion, there is no such thing as an inexpensive 48volt engine driven
battery charger, at least not a well controlled/regulated one.
it sounds like you need one that you can depend on, which precludes tossing together a bunch of junk that you have to baby sit all the time, dink with and work on continously.
then again the term "inexpensive" is somewhat subjective isn't it?
for something you can count on and not have to fuss with forever, i would expect you will be out about a grand give or take depending on how handy you are, minimum.
i am in the R&D stages of exactly what you are looking for, and so far it has cost me over 500 bucks in fried electronics. 24 volt nominal i can do as efficiently as anyone on the planet, but 48 volt nominal has so far proven to be more than twice the money and effort by a long stretch.
a thousand dollars is all the kings gold for some folks, and pocket change to others
got a ballpark number on what you expect to spend?
for kicks let run a quick tally
a good engine of say 10hp minimum, make it electric start chinese copy of a honda
400 dollars
a heavy duty alternator that can be overdriven to make 57.6 volts charging
200 dollars
a dual groove or multigroove pulley to fit the engine and alternator, w/belt(s)
125 bucks (forget the cheap aluminum pulleys, diecast, use only steel or cast iron)
a good three step controller such as a balmar, xantrex, amplepower, hehr, or something made in england or australia (depending on where you live)
300-400 bucks
misc steel to build a frame, control box for the electronics, hd rectifiers, misc electronics to make the 3 step controllers work at 48volts nominal (most are 12 or 24 volts)
100 bucks
so we are up to about 1250 bucks? that is pretty much all new stuff
which you can trim down depending on how much you already have, how well you can scrounge and source parts and how sharp you are at making it work, or
you can custom build an alternator and drive it, and use a reostat to control charging, and have to babysit the damn thing and still probably have well over half that amount of money in it and not account for your time in custom building an alternator.
anyway that is my reality, perhaps yours and others will differ?
good luck
bob g