A thermal management system includes a refrigerant loop, a motor coolant loop, and a battery coolant loop. The refrigerant loop includes a first refrigerant main-line, a second refrigerant main-line, a first refrigerant branch, and a second refrigerant branch. The first refrigerant main-line includes a compressor, the second refrigerant main-line includes a cabin condenser, the first refrigerant branch includes a cabin evaporator, the second refrigerant branch includes a radiator. The first refrigerant main-line and the second refrigerant main-line selectively communicate with one of the first and second refrigerant branches. The battery coolant loop includes a coolant main-line, a first coolant branch connected to the cabin evaporator, a second coolant branch connected to the cabin condenser, and a third coolant branch. The coolant main-line selectively communicates with at least one of the first to third coolant branches. The battery coolant loop connects to the motor coolant loop in series or in parallel.