In this paper, a plug-in hybrid electrical vehicle(PHEV) is taken as the research object, and its dynamic performance and economic performance are taken as the research goals. Battery charge-sustaining(CS) period is divided into power mode and economy mode. Energy management strategy designing methods of power mode and economy mode are proposed. Maximum velocity, acceleration performance and fuel consumption are simulated during the CS period in the AVL CRUISE simulation environment. The simulation results indicate that the maximum velocity and acceleration time of the power mode are better than those in the economy mode. Fuel consumption of the economy mode is better than that in the power mode. Fuel consumption of PHEV during the CS period is further improved by using the methods proposed in this paper, and this is meaningful for research and development of PHEV. In this paper, a plug-in hybrid electrical vehicle (PHEV) is taken as the research object, and its dynamic performance and economic performance are taken as the research goals. Battery charge-sustaining (CS) period is divided into power mode and economy mode. Energy management strategy designing methods of power mode and economy mode are proposed. Maximum velocity, acceleration performance and fuel consumption are simulated during the CS period in the AVL CRUISE simulation environment. The simulation results indicate that the maximum velocity and acceleration time of the fuel consumption of the economy mode is better than those in the power mode. Fuel consumption of the economy mode is better than that in the power mode. Fuel consumption of the PH period is further improved by using the methods proposed in this paper, and this is a meaningful for research and development of PHEV.