With increasing environmental problems, including air pollution, rising greenhouse gases and global warming, the need to use clean energy resources seems essential. Therefore, the usage of clean and renewable energy sources is suggested as a suitable solution to overcome the mentioned concerns. The transportation section contributes to a huge percentage of energy consumption. Hybrid electric vehicles (HEVs), by combining several energy resources, are considered as a crucial solution to decrease fossil fuel consumption and improve the environmental challenges. The existence of an alternative energy resource and the internal combustion engine together provides optimal power distribution among them to maximise power usage and minimise fuel consumption. Energy management strategy (EMS) is an essential challenge in HEV's design procedure to deal with the power distribution in multiple power source systems to improve the performance of the HEVs. A review of various EMSs for HEVs, followed by an analysis of each type, including its benefits and drawbacks, is presented by the authors. In addition to this, the major challenges in EMSs for HEVs are described and a comprehensive review is presented for strategies addressing these issues.