The utility model discloses a power module and vehicle that has it, wherein the power module includes: the power chip, two thermal insulation cooling boxes, two thermal insulation cooling box is established respectively on the upper and lower surface of power chip, every the intussuseption of thermal insulation cooling box is filled with the coolant liquid. According to the utility model discloses a two -sided copper ceramic substrate that covers in the correlation technique has been saved to the power module, has shortened heat dissipation path, has reduced the thermal resistance, can make the upper and lower surface of power chip realize radiating purpose simultaneously, and furtherly has strengthened the heat -sinking capability of power module to having improved the reliability of power module, having prolonged the life of power module, simple structure, the production processes of this power module are simple and easy, productivity ratio is higher.