The invention provides a battery dynamic real-time equalization control apparatus and an electric vehicle with the same. The apparatus comprises a plurality of battery dynamic equalization units, wherein each battery dynamic equalization unit comprises a free battery, a resistor and a switch matrix; one side of the switch matrix is connected with the free battery and the resistor, and the other side of the switch matrix is connected with a main battery box; and the free battery and the resistor are selectively connected in parallel with the main battery box under the control of the switch matrix. According to the apparatus, the free batteries and the resistors are connected in parallel with a battery pack to perform equalization; an equalization mode integrally combining active equalization with passive equalization is adopted; and switching is performed through the switch matrixes, so that the apparatus has the characteristics of direct equalization mode, high safety and reliability, and remarkable effect.