A power transmission apparatus for a hybrid vehicle. An engine output shaft and a motor output shaft are coupled to a primary shaft of a continuously variable transmission installed in the power transmission apparatus. An output clutch is disposed between an output transmission shaft coupled to a drive wheel and a secondary shaft in order to switch these shafts between a coupled state and a released state, and a drive changeover clutch is disposed between the primary shaft and the output transmission shaft in order to switch these shafts between a coupled state and a released state. In a direct coupling mode where the output clutch is released and the drive changeover clutch is coupled, an engine output is transmitted to the drive wheel without passing through the continuously variable transmission.