A multi-energy storage device system includes an electric drive coupled to a load, a DC link coupled to the electric drive, and a bi-directional voltage converter having an output channel coupled to the DC link and an input channel. A first energy storage device (ESD) is coupled to the input channel, and a switch is coupled to the DC link and to a second ESD. A system controller causes the switch to couple the second ESD to the DC link for delivering energy stored in the second ESD to the electric drive. The system controller also causes the voltage converter to convert a voltage of the first ESD to a higher voltage and to deliver the higher voltage to the DC link, wherein the higher voltage is greater than the voltage of the second ESD and causes the switch to decouple the second ESD from the DC link.