The answer is an emphatic yes - and let me provide specifics to your question with another quote:
".... China currently has about 90-million private passenger vehicles on its roads, but the government was expecting this to rise to more than 400-million by 2030.
The future lies in electric vehicles (EVs), and especially in hydrogen fuel cells,” Friedland stated, pointing to Japanese automaker Honda as being the near-term catalyst that would spark disruptive demand trends for platinum.
Honda plans to introduce the first commercial hydrogen fuel cell-powered vehicle in February next year. “Honda is about to unleash a revolution,” he declared."
Now, either times the current demand using catalytic converters by 4x just in china, and then times that by about 8-10X over the longer term with the uptake of new technology.
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