Engine revs up abnormally high while driving, and no acceleration

Probable cause(s)

TCM defective (1.5 L engine)
PCM defective (except 1.5 L engine)
Drive pulley, driven pulley, pulley shaft, steel belt, and pulley related parts worn or damaged
Pulley pressure feed pipe defective
Forward clutch defective
Reverse brake defective
Reverse brake piston defective
Transmission fluid pump worn, binding, or foreign material in transmission fluid pump
Transmission fluid pump drive chain or transmission fluid pump drive/driven sprocket worn or damaged
Valve body assembly defective
Joint pipes defective
Solenoid wire harness worn or damaged
Stator shaft worn or damaged

Notes

Check the drive pulley, the driven pulley, the pulley shafts, the steel belt, and pulley related parts for wear and damage. If there are worn or damaged, replace the transmission housing assembly .
Check the pulley pressure feed pipe and the sealing ring for wear and damage.
Inspect the clearance between the forward clutch end-plate and the top disc . If the clearance is out of tolerance, replace the input shaft assembly.
Inspect the reverse brake piston and the O-rings. Check the spring retainer/return spring assembly for wear and damage. Inspect the clearance between the reverse brake end-plate and the top disc . If the clearance is out of tolerance, inspect the reverse brake discs and reverse brake plates for wear and damage. If the discs and plates are worn or damaged, replace them as a set. If they are OK, adjust the clearance with the reverse brake end-plate.
Check the transmission fluid pump for wear and damage. If the transmission fluid pump is worn or damaged, replace it as an assembly .
Check the transmission fluid pump drive chain and the transmission fluid pump drive/driven sprocket for wear and damage.
Check the valve body assembly for wear and damage.
Check the joint pipes and O-rings for wear and damage.
Inspect the solenoid wire harness for open and short.
Check the stator shaft for wear and damage.