In a hybrid vehicle 20, an engine 22, motors MG1 and MG2 are controlled so that the engine 22 is operated at a target operation point set at Step 120 based on a torque demand Tr* and the motor MG2 outputs lower power for driving in comparison with a turn-off condition of an ECO switch 88 when the ECO switch 88 is turned on upon driving with power from both the engine 22 and the motor MG2 (Steps S130-S150 and S170-S200).