A hybrid power system including a control core, a driving mechanism, an internal combustion engine, an electric motor, and a storage battery is provided. The driving mechanism is controlled by the control core. The internal combustion engine is connected to the driving mechanism and controlled by the control core. The electric motor is connected to the driving mechanism and controlled by the control core. The storage battery is coupled to the electric motor and the control core. In response to a required torque being input to the control core, the control core executes an equivalent consumption minimization strategy and actuates the internal combustion engine and/or the electric motor to transmit power to the driving mechanism.