This study proposes a new conceptual Hybrid Electric Brake System (HEBS) which overcomes problems of a conventional hydraulic brake system. HEBS adopt a contactless type bake system when a vehicle speed is high, to obtain superior braking performances by eddy current. On the contrary, when a vehicle speed is low, HEBS employs a contact type brake system such as conventional hydraulic brake system to generate higher brake force. Therefore, HEBS transfers faster the braking intention of drivers and guarantees the safety of drivers. Braking torque analysis is performed by using a mathematical model which is proposed to investigate the characteristic of a vehicle dynamics when the brake torque is applied. Optimal torque control is achieved by maintaining a desired slip corresponding to the road condition. The results show that HEBS reduces the stopping distance, saves the electric energy, and increases the stability.