I has a confused. When you say the battery is reading 3.8 volts do you mean the battery charge?
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....and to answer your question, most all APVs use something called pulse width modulation (PWM) to regulate the voltage. It's not really AC as the electrons are only moving in one direction.If you Google it, you should find an explanation as to how this works.
It's a pulsed signal yes, but still it's only going in one direction, so it's not alternating current. It never crosses 0.
Well, technically speaking, any variance in peak voltage is going to behave as AC in a circuit.
The components in the circuit don't care if the baseline is 0 or not. You can have an AC signal that is alternating between 1000 volts and 100 volts, it may not be what is traditionally thought of as AC, but it is alternating, it just doesn't go negative. It is the rising and falling magnetic field that matters, not the polarity.
And you can have AC that rests entirly above the 0 volt baseline that most folks are accustomed to, but that doesn't mean it isn't AC. A square wave is still AC, it just isn't a sine wave. The curent is still alternating, it is just alternating between two positive states instead of positive and negative. And of-course it can be alternating between two two negative states and have the same characteristics as well.