A hybrid vehicle equipped with a transmission working to transmit drive power produced by an internal combustion engine to a driven wheel (4L, 4R) and change a speed of the drive power, wherein the transmission comprises: an input shaft to which drive power produced by the internal combustion engine is transmitted; a first intermediate shaft which is arranged coaxially with the input shaft and rotatable relative to the input shaft, the first intermediate shaft having the input shaft extending inside the first intermediate shaft; a second intermediate shaft which is arranged coaxially with the input shaft, aligned with the first intermediate shaft in an axial direction of the input shaft, and rotatable relative to the input shaft, the second intermediate shaft having the input shaft extending inside the second intermediate shaft; an output shaft which extends parallel to the first intermediate shaft and the second intermediate shaft and serves to deliver the drive power to the driven wheel; a first rotating electrical machine which is connected to the first intermediate shaft to transmit drive between the first rotating electrical machine and the first intermediate shaft; a second rotating electrical machine which is connected to the second intermediate shaft to transmit drive power between the second rotating electrical machine and the second intermediate shaft; first gear sets (45, 47) each of which works to connect the first intermediate shaft with the output shaft to transmit drive power therebetween and which establish a plurality of gears in the transmission which are different in gear ratio from each other; second gear sets (46, 48) each of which works to connect the second intermediate shaft with the output shaft to transmit drive power therebetween and which establish a plurality of gears in the transmission which are different in gear ratio than those of the first gear sets; and a first switching member which works to switch among a neutral position, a first position, and a second position, the first position being to achieve connection of the input shaft and the first intermediate shaft, the second position being to achieve connection of the input shaft and the second intermediate shaft, and wherein the first switching member is disposed between the first intermediate shaft and the second intermediate shaft in the axial direction of the input shaft. an input shaft to which drive power produced by the internal combustion engine is transmitted; a first intermediate shaft which is arranged coaxially with the input shaft and rotatable relative to the input shaft, the first intermediate shaft having the input shaft extending inside the first intermediate shaft; a second intermediate shaft which is arranged coaxially with the input shaft, aligned with the first intermediate shaft in an axial direction of the input shaft, and rotatable relative to the input shaft, the second intermediate shaft having the input shaft extending inside the second intermediate shaft; an output shaft which extends parallel to the first intermediate shaft and the second intermediate shaft and serves to deliver the drive power to the driven wheel; a first rotating electrical machine which is connected to the first intermediate shaft to transmit drive between the first rotating electrical machine and the first intermediate shaft; a second rotating electrical machine which is connected to the second intermediate shaft to transmit drive power between the second rotating electrical machine and the second intermediate shaft; first gear sets (45, 47) each of which works to connect the first intermediate shaft with the output shaft to transmit drive power therebetween and which establish a plurality of gears in the transmission which are different in gear ratio from each other; second gear sets (46, 48) each of which works to connect the second intermediate shaft with the output shaft to transmit drive power therebetween and which establish a plurality of gears in the transmission which are different in gear ratio than those of the first gear sets; and a first switching member which works to switch among a neutral position, a first position, and a second position, the first position being to achieve connection of the input shaft and the first intermediate shaft, the second position being to achieve connection of the input shaft and the second intermediate shaft, and wherein the first switching member is disposed between the first intermediate shaft and the second intermediate shaft in the axial direction of the input shaft.