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The automobile industry is progressing toward hybrid, plug-in hybrid, and fully electric vehicles in their future car models. The energy storage unit is one of the most important blocks in the power train of future electric-drive vehicles. Batteries and/or ultracapacitors are the most prominent storage systems utilized so far. Hence, their reliability during the lifetime of the vehicle is of great importance. Charge equalization of series-connected batteries or ultracapacitors is essential due to the capacity imbalances stemming from manufacturing, ensuing driving environment, and operational usage. Double-tiered capacitive charge shuttling technique is introduced and applied to a battery system in order to balance the battery-cell voltages. Parameters in the system are varied, and their effects on the performance of the system are determined. Results are compared to a single-tiered approach. MATLAB simulation shows a substantial improvement in charge transport using the new topology. Experimental results verifying simulation are presented.