In a hybrid vehicle including a master power supply always connected to an MG (Motor-Generator) during driving and a first slave power supply and a second slave power supply capable of switching of a connection state with the MG during driving, an ECU connects one of the first slave power supply and the second slave power supply and executes EV (“Electric Vehicle”) driving control with the master power supply and one of the slave power supplies, until both of the State of Charge (“SOC”) of the first slave power supply and the State of Charge of the second slave power supply drop below a threshold value. On the other hand, when both SOCs drop below the threshold value, the ECU disconnects both of the first slave power supply and the second slave power supply and executes HV (“Hybrid Vehicle”) driving control only with the master power supply.