Velocity example, a car moving at a constant 20 kilometres per hour in a circular path has a constant speed, but does not have a constant velocity because its direction changes. Hence, the car is considered to be undergoing an acceleration. Speed describes only how fast an object is moving, whereas velocity gives both how fast it is and in which direction the object is moving. If a car is said to travel at 60 km/h, its speed has been specified. However, if the car is said to move at 60 km/h to the north, its velocity has now been specified.
Escape velocity and speeds which have that total energy; and places which have a higher potential energy than this cannot be reached at all. By adding speed (kinetic energy) to the object it expands the possible locations that can be reached, until, with enough energy, they become infinite. For a given gravitational potential energy at a given position, the escape velocity is the minimum speed an object without propulsion needs to be able to "escape" from the gravity (i.e. so that gravity will never manage to pull it back). Escape velocity is actually a speed (not a velocity) because it does not