'React Scripts V5 throwing Errors

I have a React App working on version 17, recently I upgraded to version 18, I upgraded the react , react dom and other relevant packages as well. My react-scripts version was ^4.0.3 and when i run react-scripts start it ran sucessfully without any issues

In the next step I upgraded the react-scripts to version 5 and node version to 14. And when i tried to start the app it gives random errors from diffrent files including .svg files and from node_modules as well

In Short

React 18

Node 12

react-scripts 4.0.3

works fine

React 18

Node 14

react-scripts 5

Give errors

Sources

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Source: Stack Overflow

Solution	Source

'React Scripts V5 throwing Errors

Sources

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