A hybrid vehicle powertrain may include input shafts, clutches, output shafts, a transmission path selector, a planetary gear unit, and a gear stage forming mechanism. The transmission path selector may bring engagement of a first input shaft with second or third input shaft. The planetary gear unit may have three rotary elements, with motor power or engine power being input via a first or second rotary element and being output with any one of two transmission gear ratios under the control of first or third rotary element in response to engagement of first and second engaging units. The gear stage forming mechanism may be formed by engagement of gear pairs having different transmission gear ratios with second and third input shafts and a first output shaft, and function to transmit the power from the second or third input shaft to the first output shaft while changing a speed by selecting a gear pair in accordance with a vehicle running speed using a gear pair selector.