To reduce development time and introduce technologies faster to the market, many companies have been turning more and more to Model Based Design. In Model Based Design, the development process centers around a system model, from requirements capture and design to implementation and test. Engineers can skip over a generation of system design processes on the basis of hand coding and use graphical models to design, analyze, and implement the software that determines machine performance and behavior. This paper describes the process implemented in Autonomie, a Plug-and-Play Software Environment, to design and evaluate component hardware in an emulated environment. We will discuss best practices and provide an example through evaluation of advanced high-energy battery pack within an emulated Plug-in Hybrid Electric Vehicle.