The German automobile makers have announced that in order to comply with new strict EU rules that are coming into force in 2021, they will offer 25 electric vehicles before 2023.
Harald Kruger, the chairman of the BMW management board, said: "We are moving up a gear in the transformation towards sustainable mobility, thereby making our company fit for the future.
"We will offer 25 electrified vehicles already in 2023 - two years earlier than originally planned."
Come 2021, EU manufacturers - including BMW rivals Volkswagen - must ensure the average emissions from new cars are below 95g of carbon dioxide per kilometre or be slapped with huge fines.
The news comes after BMW and Jaguar Land Rover announced they have joined forces to work on the next generation of electric hybrid cars.
The two car giants are working on state of the art technology for electric and plug-in hybrid motors.
The aim of the new system, known as EDUs, is to reduce the cost of such automobiles.
Although there is no solid date for when the tech will be completed, it has been reported that it could be in use as soon as three to four years times, according to AutoCar.co.uk.
BMW board member for R&D, Klaus Fröhlich, commented: "The automotive industry is undergoing a steep transformation. We see collaboration as a key for success, also in the field of electrification. With Jaguar Land Rover, we found a partner whose requirements for the future generation of electric drive units significantly match ours. Together, we have the opportunity to cater more effectively for customer needs by shortening development time and bringing vehicles and state-of-the-art technologies more rapidly to market."
Whilst Nick Rogers, Jaguar Land Rover's engineering director added: "We've proven we can build world beating electric cars but now we need to scale the technology to support the next generation of Jaguar and Land Rover products. It was clear from discussions with BMW Group that both companies' requirements for next generation EDUs to support this transition have significant overlap making for a mutually beneficial collaboration."