Nuxt.js Cannot find module '@babel/preset-env/lib/utils'

@babel/preset-env updated, use old version 7.12.17 https://www.npmjs.com/package/@babel/preset-env/v/7.12.17

This issue drove me crazy for a few hours too.

The solution is to add to nuxt.config.js into build section:

  /*
   ** Build configuration
   */
  build: {
    babel: {
      presets(env, [ preset, options ]) {
        return [
          [ "@babel/preset-env", options ]
        ]
      }
    },

Make sure you have that thing installed: npm install --save-dev @babel/preset-env

or in your case with yarn

Updated:

Then I encountered another error

regeneratorRuntime is not defined

Here is working part from my config.nuxt.js

build: {
  babel: {
    presets({isServer}) {
      const targets = isServer ? { node: 'current' } : { ie: 11 }
      return [
        [ require.resolve("@babel/preset-env"), { targets }  ]
      ]
    },
    plugins: [
      "@babel/syntax-dynamic-import",
      "@babel/transform-runtime",
      "@babel/transform-async-to-generator"
    ]
  },