Nissan Motor Co. is considering cooperating with Honda Motor Co. in the electric vehicle business, sources close to the matter said Thursday, a move that would create a powerful Japanese alliance to take on overseas rivals such as industry giant Tesla Inc.Nissan is weighing jointly procuring some parts and sharing major components for their respective EVs to lower costs, the sources said. Discussions within Nissan are still in the early stages and Honda's stance on the tie-up remains unclear.Automakers worldwide are grappling with the higher costs incurred for developing EVs compared with g…READ FULL ARTICLE