Speed is a scalar quantity. So you can only say e.g.: "my car can go 20 mph".
On the contrary velocity is a vector quantity so it does not include only magnitude of speed but also a direction. Example for this would be: "object is moving 2.6 m/s north."
| \( v_a \) | is average velocity |
| \( v \) | is velocity |
| \( v_0 \) | is initial velocity |
| \( v_0 \) | is initial velocity |
| \( v_a \) | is average velocity |
| \( v \) | is velocity |
| \( v \) | is velocity |
| \( v_0 \) | is initial velocity |
| \( v_a \) | is average velocity |