A battery module with thermal dissipation and thermal runaway prevention is provided, including at least one battery and a fireproof thermal insulation layer. The at least one battery may include a plurality of battery cells electrically connected through conductors. The fireproof thermal insulation layer includes a plurality of battery holes for disposing the battery cells therein and a plurality of air holes vertically penetrating the fireproof thermal insulation layer. A side of each of the battery cells is sleeved in the fireproof thermal insulation layer, and the plurality of air holes are provided between adjacent ones of the plurality of battery holes. The fireproof thermal insulation layer has a heat transfer coefficient that decreases with an increase in the temperature of the fireproof thermal insulation layer.