In this paper, we address the problem of jerk and disturbance suppression during mode transitions in power-split hybrid electric vehicles. First, a transient switching model of the PS-HEV is developed. Next, the mechanisms underlying shock generation and the influence of disturbances on transition smoothness are analyzed. Based on this, a fixed-time dynamic coordinated control strategy is proposed, comprising a novel sliding mode control law and a fixed-time extended state observer. The proposed fixed-time sliding mode control law is independent of initial state values and ensures superior convergence performance. Meanwhile, the fixed-time extended state observer enables real-time estimation of external disturbances, thereby reducing the conservatism of the control law. Finally, simulation and hardware-in-the-loop results demonstrate that the proposed strategy markedly improves mode transition performance under various disturbance scenarios. This work provides a new perspective on hybrid mode transition control and effectively enhances transition smoothness.