I yesterday migrated our Laravel project from Laravel Mix (which uses webpack) to Vite (https://laravel.com/docs/9.x/vite), and couldn't be more happier.

Earlier, webpack took 3-4 seconds to re-bundle on file changes when running npm run watch (It is a quite large typescript + react project). In Vite, it is less than 300ms. And, React Hot-Reloading is awesome.