This report examines public policies toward Plug-in electric vehicles (PEVs), taking into account the promise and limitations of PEVs, recent improvements in battery technology, market dynamics, and the proliferation of policies around the world that promote the use of PEVs. The authors focus is primarily near term (i.e., 2011-25), recognizing that the transportation electrification process will evolve in stages based on the learning that occurs in the years and decades ahead. The report represents the views of the Transport Electrification Panel (TEP), a group of experts from multiple disciplines and organizations commissioned by the Indiana University School of Public and Environmental Affairs (IU SPEA). TEP's work has been supported by a team of graduate students and faculty from IU SPEA, but the findings and recommendations in this report are strictly those of TEP.