they are IMO a competitor. There is no other reason.
On the point of Reverse, Neutral, and Overdrive; I should have chosen different words; Try these.....
"However, the torque control capability of Torotrak’s IVT allows the variator to be incorporated within a “two regime mechanical shunt” transmission arrangement to provide forward and reverse operation, generation of high output torques and extraordinary overdrive capabilities (approximately 60 mph / 1000 rpm). In addition, the IVT employs a geared neutral function which provides a zero output speed with the engine rotating so eliminating the need for an inefficient starting device such as a slipping clutch or torque converter."
I translate a "“two regime mechanical shunt” transmission arrangement" and "a geared neutral function" as additional Transmissions.
That would mean that this is essentially 3 or 4 transmissions once all this stuff is added to the part you are speaking of.
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