Japan's Nissan Motor is in talks to allow Taiwan's Foxconn to use one of the automaker's domestic factories to build electric vehicles, said two people familiar with the matter, a deal that could save the plant from closure.

Taiwan's electronics giant Foxconn is considering purchasing part of a factory owned by Nissan Motor Co. to utilize in the manufacturing of electric vehicles, a source familiar with the matter said Monday.

Nissan is reportedly in talks with Taiwan’s Foxconn to build electric vehicles at its underutilised Oppama plant in Japan. The potential tie-up could protect