cell (i.e., mesoscopic, meso-superstructured and planar heterojunctions), the power conversion effi ciencies (PCEs) of these cells have improved tremendously from 3.8% to 20% within a few years. [1][2][3][4][5][6][7] The high effi ciencies obtained with the hybrid perovskites are attributed to the high absorbance and long-range balanced charge transport lengths within the hybrid perovskites. [ 8,9 ] While most studies focus on improving the device performance, equal emphasis should also be given to the fundamental device physics. Among the several open questions on perovskite solar cells, the most challenging issue to date is the hysteresis effect (or dynamic lag) in current -voltage ( I-V ) measurements. [ 10,11 ] It was found that the PCEs measured is highly dependent on scan rate, scan direction, scan history, and light exposure. This could lead to the inaccurate reporting of PCEs, which would undermine the credibility and progress of this nascent photovoltaic technology. Consensus on the origin(s) of the hysteresis has proven elusive. Proposed origins include slow trapping and detrapping of charges due to subgap traps of solution-processed perovskites; changes to the ferroelectric structure and ion migration, etc. [10][11][12][13] Detailed investigations are therefore urgently needed to unravel their complicated mechanisms and elucidate their physical origins. Such fi ndings would be highly essential for establishing clear design rules needed for further performance improvements in halide organic-inorganic perovskite solar cells.The electrical properties and optical properties of an optoelectronic material are intimately coupled; both are the macroscopic refl ection of the intrinsic electronic physics. Studying both the electrical and optical behavior in a photovoltaic device is an ideal approach to uncover the physics shared by the two. Till now, very few reports have concurrently studied the optical and electrical phenomena that occur in perovskite solar cells with hysteresis. Herein, through versatile combined electrical and optical measurements, we uncover that the hysteresis effect in CH 3 NH 3 PbI 3 (MAPbI 3 ):TiO 2 -based perovskite solar cells is dominated by distinct slow processes persisting from hundreds of milliseconds to tens of seconds. These processes originate from the dynamic rearrangement of the perovskite structure that is mediated by applied electric fi elds and accumulated