This is true. Running the GPS takes more battery. Same for GPS watches. In any case, Tintingwen makes excellent videos.
Since I use only one camera mounted on helmet or back of boom, I never make videos longer than about 20 minutes raw (4 minutes edited), I have plenty of battery for GPS. Being able to see speed, max speed, track, and distance right on the screen in the final edit is definitely worth battery use.
If I want to record GPS for an entire session, I use a GPS watch, not the camera.