The purpose of this chapter is to develop a virtual simulation environment useful for electric vehicle performance analysis. For user convenience, it is possible to change the electric vehicle's key components or modify their parameters using MATLAB/Simulink. In addition, the developed simulation model can be simulated in real-time, and it is mounted on the driving simulator so that the designer can observe the change in performance due to modification in components or specifications. Using a driving simulator, the actual driver drives in different traffic conditions, resulting in various simulation results. Therefore, designers can change the specifications of the components used or the components themselves to find the impact on the electric vehicle's performance. This process will shorten the development time of electric vehicles by selecting components suitable for electric vehicles' required performance.