Electric-Car Demand Pushes Lithium Prices to Records

Driven by a surge in Chinese electric-vehicles sales, the sharp rise in a key commodity for batteries could slow adoption of EVs globally. WSJ, Sept. 2022

Questions

1. How would an increase in the number of EVs affect the equilibrium price and quantity of lithium?
2. How would an increase in the price of lithium affect the equilibrium price and quantity of cars?