Check out Tauri it is much an smaller and faster than electron.
Tauri vs. Electron is an apples-to-oranges comparison because Tauri uses system webviews, so you pay for that smaller runtime in both development and QA time (and possibly customer support time if you don't get those right). That's not inherently bad or good, but it's worth noting that the smaller app size is not free.
This is the new normal for Electron-based apps on macOS. The Electron framework itself is ~350 MB when targeting both Intel- and M1-based Macs.