Abstract: Because of rising air pollution and finite oil supplies, the transportation sector is transitioning from IC engine vehicles (ICEV) to EV (Electric Vehicle). However, because of the constraints imposed by the energy storage, there are still some questions about EV's performance and dependability. In our proposed system, a comprehensive analysis has been carried out on a Light EV configuration having a propulsion system driven by a BLDC motor supplied by a Energy storage system (ESS) consisting of a Battery or Supercapacitor. To gain an understanding of the electric vehicle driving dynamics, it is first simulated based on fundamental knowledge about electric vehicles. Then each component and their modelling with control strategies are developed to get a clear picture of the computation of various constraints in EV during its operation. Later parts of this study are dedicated to examining their energy and power management during the acceleration and deceleration phases of the vehicle for battery and supercapacitor standalone operations separately with their key results tabulated using MATLAB/Simulink. Keywords: EV (Electric Vehicle), BLDC motor, Energy storage system, Battery, Supercapacitor, Energy Management System.