Credit: Daikin


NEV: New Electrical Vehicles = Battery EV + Plug-In Hydrid (PHEV) + Fuel cell EV (FCEV)
HEV: Hybrid Electric Vehicles = Full Hybrid Electric Vehicles (FHEV) + Mild-Hybrid Electric Vehicles (MHEV)
ICE: Internal Combustion Engines

*PC: Passenger cars LCV: Light Commercial Vehicles

Evolution of Global Heat Pumps Stock (Million Units)

HEAT PUMPS SALES OUTLOOK 2015-2035