For OBC (On-Board Charger) and LDC (Low DC-DC Converter) used as essential power conversion systems of PHEV (Plug-in Hybrid Electric Vehicle), system performance is required as well as reliability, which is need to protect the vehicle and driver from various faults. While current development processor is sufficient for embodying functions and verifying performance in normal state during development of prototypes for OBC and LDC, there is no clear method of verification for various fault situations that occur in abnormal state and for securing stability of vehicle base, unless verification is performed by mounting on an actual vehicle. In this paper, a CCM (Charger Converter Module) was developed as an integrated structure of OBC and LDC. In addition, diverse fault situations that can occur in vehicles are simulated by a simulator to artificially inject into power conversion system and to test whether it operates properly. Also, HILS (Hardware-in-the-Loop Simulation) is carried out to verify whether LDC is operated properly under power environment of an actual vehicle.