Mirgation Issue: 6.5 > 8.5 | Launch fails: 'env' not defined

Environment
Provide version numbers for the following components (information can be retrieved by running tns info in your project folder or by inspecting the package.json of the project):

• CLI: 8.5.7
• Cross-platform modules:
• Android Runtime: 8.5.0
• iOS Runtime (if applicable):
• Plugin(s):

Describe the bug
The project builds successfully, but crashes on launch with this error:

"An uncaught Exception occurred on "main" thread.
Unable to create application com.tns.NativeScriptApplication: com.tns.NativeScriptException: Error calling module function
TypeError: Cannot read properties of undefined (reading 'env')
File: (file: app/webpack:/com.app.game/webpack/bootstrap:27:0)"

StackTrace:
./node_modules/util/util.js(file: app/webpack:/com.app.game/node_modules/util/util.js:109:11)
at webpack_require(file: app/webpack:/com.app.game/webpack/bootstrap:24:0)
at fn(file: app/webpack:/com.app.game/webpack/runtime/hot module replacement:62:0)
at ./node_modules/console-browserify/index.js(file: app/webpack:/com.app.game/node_modules/console-browserify/index.js:2:11)
at webpack_require(file: app/webpack:/com.app.game/webpack/bootstrap:24:0)
at fn(file: app/webpack:/com.app.game/webpack/runtime/hot module replacement:62:0)
at ./node_modules/@nativescript/core/data/observable/index.js(file:///data/data/com.app.game/files/app/vendor.js:6780:41)
at webpack_require(file: app/webpack:/com.app.game/webpack/bootstrap:24:0)
at fn(file: app/webpack:/com.app.game/webpack/runtime/hot module replacement:62:0)
at ./node_modules/@nativescript/core/globals/index.js(file:///data/data/com.app.game/files/app/vendor.js:10525:74)
at webpack_require(file: app/webpack:/com.app.game/webpack/bootstrap:24:0)
at webpack_exec(file:///data/data/com.app.game/files/app/bundle.js:29616:39)
at (file:///data/data/com.app.game/files/app/bundle.js:29617:71)
at webpack_require.X(file: app/webpack:/com.app.game/webpack/runtime/startup entrypoint:6:0)
at (file:///data/data/com.app.game/files/app/bundle.js:29617:47)
at (file:///data/data/com.app.game/files/app/bundle.js:29622:3)
at require(:1:266)

Package.json

{
  "name": "com.app.game",
  "version": "1.0.0",
  "description": "NativeScript vue client",
  "author": "test",
  "license": "MIT",
  "nativescript": {
    "id": "com.app.game"
  },
  "dependencies": {
    "@nativescript/core": "~8.5.0",
    "@nativescript/payments": "^1.0.6",
    "@nativescript/theme": "~3.0.2",
    "axios": "^0.21.1",
    "nativescript-numeric-keyboard": "~5.0.2",
    "nativescript-signalr-core": "^2.0.0",
    "nativescript-theme-core": "^2.0.24",
    "nativescript-ui-chart": "~15.2.3",
    "nativescript-ui-core": "~15.2.3",
    "nativescript-ui-listview": "~15.2.3",
    "nativescript-ui-sidedrawer": "~15.2.3",
    "nativescript-vue": "^2.6.4",
    "nativescript-websockets": "~2.0.0",
    "next": "^13.4.7",
    "node-polyfill-webpack-plugin": "^2.0.1",
    "sass": "~1.49.9",
    "vuex": "^3.3.0"
  },
  "devDependencies": {
    "@babel/core": "^7.0.0",
    "@babel/preset-env": "^7.0.0",
    "@nativescript/android": "^8.5.0",
    "babel-loader": "^8.1.0",
    "nativescript-vue-template-compiler": "^2.6.0",
    "sass": "~1.49.9",
    "vue-loader": "^15.9.1",
    "@nativescript/webpack": "~5.0.0"
  },
  "main": "./app/main.js"
}

WebPack

const webpack = require("@nativescript/webpack");
const NodePolyfillPlugin = require("node-polyfill-webpack-plugin")

module.exports = (env) => {
	webpack.init(env);

	webpack.chainWebpack(config => {
		// we add the plugin
		config.plugin('node-polyfill-webpack-plugin').use(NodePolyfillPlugin)
	  })

	return webpack.resolveConfig()
};

Additional context

• I know axios and a couple of other packages are not up to date and use the util.js which could be where the issue is. However, I removed those packages & references to them which resulted in the same error.
• I also added the polyfill package in webpack config so I don't think it is a polyfill issue?
• I have looked at SO questions, reported issues, etc. without any progress. Any help would be appreciated.

Start by reproducing the Android launch failure with the provided NativeScript versions and inspect the custom webpack configuration, especially the NodePolyfillPlugin setup. Trace the reported path through node_modules/util/util.js, webpack/bootstrap, console-browserify, and @nativescript/core; done means the built application launches without the undefined env exception.