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So is this an automatic CVT or do the weights simply aid in shifting?
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CVT stands for Continuously Variable Transmission. This means that technically there is no "shifting" meaning no actual going from 1 gear to another. However the "shifting" in gear ratios happens in the variating size of the pulley.
To get an idea of what it does ( not how it works ) you can look at many off road dirt or dune buggy style cars. Also Nissan ( I believe ) has a new national advertisement of a CVT in one of their new cars. Motor revs up and no shift jerk, pretty neat.
Anyways, this is a sharp transmission I'm kinda bummed I didn't get to see this in person this year.