Regional alliances are emerging as utilities join with one another—and with charging-station builders and government agencies—to plan the thousands of charging stations needed to bridge the gaps between U.S. cities.

The fastest electric car charging stations can replenish a battery from empty in about an hour. As carmakers from Volvo to Tesla race to make charges speedier and more powerful, the next 10 years mean added pressure on charging stations, from the plugs in homes to the stands at supermarkets.

A flurry of upcoming blank-check mergers involving companies targeting the rapidly growing market for electric vehicle charging is set to accelerate a wave of acquisitions sweeping through the sector, according to executives and analysts.

One of the nation's largest EV charging firms, EVgo made its Wall Street debut on Friday but investors seemed underwhelmed. The stock closed slightly up, .67% higher.

EVgo starts trading under the symbol EVGO on the New York Stock Exchange after it and Climate Change Crisis Real Impact I Acquisition Corp, a special purpose acquisition company, wrapped up their merger on Thursday.