BASF makes low-nickel wager amid scramble for battery metals

FRANKFURT (Reuters) - German chemicals giant BASF is betting on a new recipe for electric car batteries which stretches the time between charges while cutting dependence on nickel to help shave costs and grab more of a growing market.It is part of flurry of activity in the sphere of cathodes materials, a major component of battery cells for an anticipated switch to electric vehicles (EV) due to clean air regulation.At the moment BASF and others, including Belgium's Umicore , a market leader,..