Can't we use SVG for Titles, Graphics, Logos, etc, as Overlays in Video Editor?

Guys, can we not use SVG for overlays in Video Editor?.. I can drag and drop them into timeline from Windows, and it shows up in timeline and can have its length adjusted etc, but does not show up in Preview monitor… I really need to bang out a video with some text and logo etc… Am I going to need to do these as PNG32?..

If there is no support for SVG in video editor, there really should be…