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The Li-ion battery is becoming the optimal choice for the Electric Vehicle’s (EV) power supply. In order to protect the Li-ion battery from charging damage and to prolong the battery’s life, a special control strategy based on the dynamic balanced point along with a non-dissipative equalizer is presented. The main focus of the proposed control strategy is to insure that the individual cell of a battery pack will be rapidly, efficiently and simultaneously balanced, by adjusting equalizing current of each cell dynamically. In this paper, a model of a four series connected Li-ion batteries pack has been established to evaluate the proposed control strategy. Superior performance is demonstrated by the simulation and experiment.