This paper develops step-by-step a complete electric model of a light hybrid electric vehicle propulsion system. This model includes the vehicle mass, the radius and mass of the wheels, the aerodynamic profile of the vehicle, the electric motor and the motor drive, among other elements. Each element of the model is represented by a set of equations, which lead to getting an equivalent electric circuit. Based on this model, the outer and inner loop compensators of the motor drive control circuit are designed to provide stability and a fast dynamic response to the system. To achieve this, the steady-state equations and the small-signal model of the equivalent electric circuit are also obtained. Furthermore, as these elements are the main load of the power distribution system of the fully electric and light hybrid electric vehicle, the input impedance model of the set composed of the input filter, the motor drive, the motor, and the vehicle is presented. This input impedance is especially useful to get the system stability of the entire power distribution system.