From my experience converting a 210 to pinhole (3000 speed film only) and keeping the auto exposure, the entire 100-200-300-400 family 3x4 pack film strut folding family uses the same exposure system:
The shutter will snap without a battery, but will not actually open; with the correct battery, however, it opens when triggered and starts "counting up" exposure until it has enough, then closes the shutter; speeds seem to range from 1/250 (maybe faster on later models) to at least several seconds on the early ones, and more than a minute for a 350 (might run longer still on a 450; the first gen SX-70 used essentially the same method and could expose for up to two minutes). I've seen this behavior on a 100, 210, and 350 that I've owned, so I believe it's universal across the entire family for the twenty or so years they were made (though some want 3V and others need 4.5V -- in identical size/shape batteries).