A hybrid electric vehicle and method that stores an upper energy storage limit and a lower energy storage limit for an energy storage system for each of a plurality of predetermined driving modes, determines a currently selected driving mode from the plurality of predetermined driving modes, sets the upper energy storage limit and the lower energy storage limit for the energy storage system based on the currently selected driving mode, determines parameters for operation of vehicle components within the currently selected driving mode and generates command signals to the vehicle components for operation within determined parameters.