In my test using a Google Apps account, I had to create the label in Gmail and folder in Drive manually. The script is supposed to do that for you, but it might work with a regular Google account.

A custom spreadsheet and script can automatically copy the attachments of messages with a certain tag in Gmail and send them to Google Drive.

It's easy enough to selectively save Gmail image attachments to Google Drive, but if you want to automate the process, tech blog Digital Inspiration shares a script that makes the archiving happen ...