An electrically-powered vehicle comprising: a plurality of electric motors (MG1, MG2) for generating a vehicle-driving force; a control device for controlling said plurality of electric motors; and an internal combustion engine, characterized by the fact that said plurality of electric motors (MG1, MG2) includes: a first electric motor disposed on a power transmission path extending from said internal combustion engine to a drive wheel (39a, 39b) through a drive shaft; and a second electric motor mechanically connected to said drive shaft, said control device being configured to perform vibration-reduction control for reducing a periodic speed variation of the vehicle by: selecting, from said plurality of electric motors (MG1, MG2), an electric motor for use in performing said vibration-reduction control, depending on an operating state of each of said plurality of electric motors (MG1, MG2); and selectively adding to an output torque of the selected electric motor among said plurality of electric motors (MG1, MG2), a compensation torque (Δtr, Δtr) corresponding to a periodic vibration-reduction torque component (Δtr0) for cancelling out a periodic speed variation component of the vehicle, and said control device performs said vibration-reduction control using said second electric motor when the operating state of said second electric motor is a state that allows said vibration-reduction control to be performed, and performs said vibration-reduction control using said first electric motor when the operating state of said second electric motor is not the state that allows said vibration-reduction control to be performed. a plurality of electric motors (MG1, MG2) for generating a vehicle-driving force; a control device for controlling said plurality of electric motors; and an internal combustion engine, characterized by the fact that said plurality of electric motors (MG1, MG2) includes: a first electric motor disposed on a power transmission path extending from said internal combustion engine to a drive wheel (39a, 39b) through a drive shaft; and a second electric motor mechanically connected to said drive shaft, said control device being configured to perform vibration-reduction control for reducing a periodic speed variation of the vehicle by: selecting, from said plurality of electric motors (MG1, MG2), an electric motor for use in performing said vibration-reduction control, depending on an operating state of each of said plurality of electric motors (MG1, MG2); and selectively adding to an output torque of the selected electric motor among said plurality of electric motors (MG1, MG2), a compensation torque (Δtr, Δtr) corresponding to a periodic vibration-reduction torque component (Δtr0) for cancelling out a periodic speed variation component of the vehicle, and said control device performs said vibration-reduction control using said second electric motor when the operating state of said second electric motor is a state that allows said vibration-reduction control to be performed, and performs said vibration-reduction control using said first electric motor when the operating state of said second electric motor is not the state that allows said vibration-reduction control to be performed. a first electric motor disposed on a power transmission path extending from said internal combustion engine to a drive wheel (39a, 39b) through a drive shaft; and a second electric motor mechanically connected to said drive shaft, said control device being configured to perform vibration-reduction control for reducing a periodic speed variation of the vehicle by: selecting, from said plurality of electric motors (MG1, MG2), an electric motor for use in performing said vibration-reduction control, depending on an operating state of each of said plurality of electric motors (MG1, MG2); and selectively adding to an output torque of the selected electric motor among said plurality of electric motors (MG1, MG2), a compensation torque (Δtr, Δtr) corresponding to a periodic vibration-reduction torque component (Δtr0) for cancelling out a periodic speed variation component of the vehicle, and said control device performs said vibration-reduction control using said second electric motor when the operating state of said second electric motor is a state that allows said vibration-reduction control to be performed, and performs said vibration-reduction control using said first electric motor when the operating state of said second electric motor is not the state that allows said vibration-reduction control to be performed.