The object is to effectively reduce the resonant current flowing inside a converter unit and an inverter unit in a power conversion apparatus for an electric vehicle. The power conversion apparatus includes a converter unit that converts an alternating-current power into a direct-current power, an inverter unit that converts the direct-current power into an intended alternating-current power and supplies the intended alternating-current power to an electric motor that drives an electric vehicle, a housing that accommodates the converter unit and the inverter unit and a part of which is connected to ground, and a magnetic core that is disposed inside the housing and that suppresses the resonant current flowing between the converter unit and the inverter unit.