Series hybrid vehicles using free-piston engine coupled with linear generator are expected for high-efficiency energy conversion systems. Such engines do not have a crank mechanism, which greatly reduces the friction loss. In addition, the piston action can be controlled freely by the generation braking thrust by using an inverter control. In a conventional crank engine, past research has shown that delaying the piston motion after the combustion increases the maximum combustion pressure, and this delay brings a constant-volume degree close to the Otto cycle. In the free-piston system, a high braking thrust is needed at a low piston speed immediately after combustion. However, the highest braking thrust was limited in the low-speed range because the back electromotive force of a permanent magnet synchronous generator was too small. This article shows the range that can be theoretically attained for a low-speed generator. The delaying piston movement with only the braking thrust improved the effective work by 25% near the top dead center.