Proton exchange membrane fuel cells (PEMFCs) based on syngas are a promising technology for electric vehicle applications. To increase the fuel conversion efficiency, the low-temperature waste heat from the PEMFC is absorbed by a refrigerator. The absorption refrigerator provides cool air for the interior space of the vehicle. Between finishing the steam reforming reaction and flowing into the fuel cell, the gases release heat continuously. A Brayton engine is introduced to absorb heat and provide a useful power output. A novel thermodynamic model of the integrated system of the PEMFC, refrigerator, and Brayton engine is established. Expressions for the power output and efficiency of the integrated system are derived. The effects of some key parameters are discussed in detail to attain the optimum performance of the integrated system. The simulation results show that when the syngas consumption rate is 4.0 × 10−5 mol s−1 cm−2, the integrated system operates in an optimum state and the product of the efficiency and power density reaches a maximum. In this case, the efficiency and power density of the integrated system are 0.28 and 0.96 J s−1 cm−2, respectively, which are 46% higher than those of a PEMFC.