This paper presents a method of distributed voltage stability monitoring and control considering electric vehicle charging and discharging the load. In terms of monitoring, variable forgetting factor recursive least squares method is used for time-varying Thevenin equivalent circuit parameters’ identification, more accurate local voltage stability margin is evaluated. In terms of control, the optimal control model is established, the constraint of charge-discharge electric vehicle is considered, the load is shed prior, the largest amount of charge and discharge shed load is calculated, in this way, based on the charge and discharge characteristics, the amount of conventional reduction load can be reduced, the reduction control costs can be decreased and the control of load shedding can be more feasible. IEEE39 node system is used to show the accuracy of the proposed distributed voltage stability monitoring method and the feasibility of the proposed voltage stability control scheme considering charging and discharging electric vehicle load.