Electric vehicles have the ability to drastically reduce petroleum use. As the battery used in EVs appears to be the main technical barriers both from a performance and cost perspective, the main efforts have been focused on how to select appropriate power train system for the better dynamic performance. This paper introduces some methods of parameters design of EV’s main power train components, such as the lithium-ion battery and AC induction motor. Then we build a battery model, a motor model and vehicle simulation models using ADVISOR software. Meanwhile, this paper proposes simulation results of the entire vehicle’s dynamic performance, which shows that the power train components’ parameters designed here basically meet the vehicle’s requirements.