Solution-processed films of colloidal aliovalent niobium-doped anatase TiO2 nanocrystals exhibit modulation of optical transmittance in two spectral regionsnear-infrared (NIR) and visible lightas they undergo progressive and reversible charging in an electrochemical cell. The Nb-TiO2 nanocrystal film supports a localized surface plasmon resonance in the NIR, which can be dynamically modulated via capacitive charging. When the nanocrystals are charged by insertion of lithium ions, inducing a well-known structural phase transition of the anatase lattice, strong modulation of visible transmittance is observed. Based on X-ray absorption near-edge spectroscopy, the conduction electrons localize only upon lithium ion insertion, thus rationalizing the two modes of optical switching observed in a single material. These multimodal electrochromic properties show promise for application in dynamic optical filters or smart windows.