Exhaust system and vehicle with same

The invention relates to the field of vehicles, and discloses an exhaust system and a vehicle with the exhaust system.The exhaust system comprises an engine and a silencing device, the engine and the silencing device are arranged in the same vehicle cabin, a cooling pipeline and an exhaust pipeline are arranged in the silencing device, an inlet and an outlet are formed in the cooling pipeline, and the exhaust pipeline is communicated with the cooling pipeline. The cooling pipeline is used for exchanging heat with the exhaust pipeline, and the inlet and the outlet are suitable for being communicated with a cooling medium supply device. According to the exhaust system designed by the invention, the cooling pipeline and the silencing device are integrated so as to exchange heat with the waste gas in the silencing device, and the energy of the high-temperature waste gas is conducted to the cooling medium supply device.