A V-belt type continuously variable transmission of an air-cooled type mounted on a vehicle. The V-belt type continuously variable transmission includes an intake port for taking air into the V-belt type continuously variable transmission, and an exhaust port for exhausting air from the V-belt type continuously variable transmission. The V-belt type continuously variable transmission further includes at least one of an electric intake fan connected to the intake port directly or via an intake duct, and an electric exhaust fan connected to the exhaust port directly or via an exhaust duct.