A thermal management system for a vehicle includes a coolant loop routed through a traction battery, a battery chiller, a power electronics device, and a radiator. The system also includes a battery bypass valve in the coolant loop configured to, in a bypass position, bypass the traction battery and the battery chiller. The system includes a controller programmed to, in response to a demand for cabin cooling being greater than a predetermined demand, operate the battery bypass valve in the bypass position.