In this paper, the input split type series-parallel hybrid electric vehicle (SPHEV) is established and the interpretation of the dynamic characteristics in four kinds of HEV modes, such as electric vehicle mode, engine mode, hybrid mode, and regeneration mode, is described. For this research, the forward-facing approach simulation method is chosen, which is useful for vehicle dynamic analysis. The rating of each powertrain component is designed based on energy-based concept and electrical peaking hybrid (ELPH) method. Finally, the designed powertrain is evaluated with the developed PSiM simulator and simulation results are shown.