Automated guided vehicles have been part of all production and logistic systems. Industry 4.0 technologies have also increased the applications of AGVs because of the demand for autonomous operations with minimum human power. In parallel to the growth of AGV market, researchers and application engineers need a holistic approach considering all aspects of development and application of AGVs.Objective of this study is to provide guidelines for AGV development with focus on traction systems. Traction topologies, motor and inverter specifications, energy efficiency solutions, failure risks of AGV motors, and electrical system development issues are reviewed.