A power conversion apparatus includes a first inverter, a second inverter, a drive circuit to provide control signals turning on low-side switch elements in the first inverter to the low-side switch elements when a failure has occurred on a first inverter side, and provide control signals to turn on low-side switch elements in the second inverter to the low-side switch elements when a failure has occurred on a second inverter side, and a control circuit. When a failure has occurred on the second inverter side, a first power supply voltage generated on the first inverter side is supplied to the drive circuit, while when a failure has occurred on the first inverter side, a second power supply voltage generated on the second inverter side is supplied to the drive circuit.