THERMAL MANAGEMENT SYSTEM AND VEHICLE

A thermal management system, comprising a compressor (101), a water-cooled condenser (102), a first throttle valve (103), a battery heat exchanger (104), and a battery cooler (105), A refrigerant outlet of the compressor (101) is in communication with an inlet of a refrigerant flow channel of the water-cooled condenser (102); an outlet of the refrigerant flow channel of the water-cooled condenser (102) is in communication with an inlet of a refrigerant flow channel of the battery cooler (105) by means of the first throttle valve (103); an outlet of a cooling liquid flow channel of the water-cooled condenser (102) is in communication with an inlet of a cooling liquid flow channel of the battery heat exchanger (104); an outlet of the cooling liquid flow channel of the battery heat exchanger (104) is in communication with an inlet of a cooling liquid flow channel of the battery cooler (105); and an outlet of the refrigerant flow channel of the battery cooler (105) is in communication with a refrigerant inlet of the compressor (101). In a low-temperature or extremely low-temperature environment, a low-temperature low-pressure liquid refrigerant absorbs heat and evaporates in the battery cooler (105) to form a gaseous refrigerant, the gaseous refrigerant is provided to the compressor (101), and the compressor (101) continuously performs high-power compression work to produce heat, so that a heat pump subsystem in the thermal management system has a relatively strong heating capability, so as to meet the heat requirements of a thermal management object such as a power battery. Also disclosed is a vehicle.