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A simulation framework with a validated system model capable of estimating fuel consumption is a valuable tool in analysis and design of the hybrid vehicles. In particular, the framework can be used for (1) benchmarking the fuel economy achievable from alternate hybrid powertrain technologies, (2) investigating sensitivity of fuel savings with respect to design parameters (for example, component sizing), and (3) evaluating the performance of various supervisory control algorithms for energy management. This paper describes such a simulation framework that can be used to predict fuel economy of series hydraulic hybrid vehicle for any specified driver demand schedule (drive cycle), developed in MATLAB/Simulink. The key components of the series hydraulic hybrid vehicle are modeled using a combination of first principles and empirical data. A simplified driver model is included to follow the specified drive cycle.