diff --git a/package.json b/package.json
index c97f2709576..4584a6bbe2f 100644
--- a/package.json
+++ b/package.json
@@ -42,7 +42,7 @@
     "nuxi": "link:./packages/nuxi",
     "nuxt": "link:./packages/nuxt",
     "nuxt3": "link:./packages/nuxt",
-    "vite": "~3.0.0-beta.1",
+    "vite": "~3.0.0-beta.5",
     "@vitejs/plugin-vue": "~3.0.0-beta.0",
     "@vitejs/plugin-vue-jsx": "~2.0.0-beta.0",
     "unbuild": "^0.7.4"
diff --git a/packages/nuxt/src/core/templates.ts b/packages/nuxt/src/core/templates.ts
index 7cee01a840e..061e9572a33 100644
--- a/packages/nuxt/src/core/templates.ts
+++ b/packages/nuxt/src/core/templates.ts
@@ -213,8 +213,8 @@ export const publicPathTemplate: NuxtTemplate = {
       '  return path.length ? joinURL(publicBase, ...path) : publicBase',
       '}',
 
-      'globalThis.buildAssetsURL = buildAssetsURL',
-      'globalThis.publicAssetsURL = publicAssetsURL'
+      'globalThis.__buildAssetsURL = buildAssetsURL',
+      'globalThis.__publicAssetsURL = publicAssetsURL'
     ].filter(Boolean).join('\n')
   }
 }
diff --git a/packages/schema/package.json b/packages/schema/package.json
index d4d46b1af74..7b0c3683023 100644
--- a/packages/schema/package.json
+++ b/packages/schema/package.json
@@ -17,7 +17,7 @@
     "@types/lodash.template": "^4",
     "@types/semver": "^7",
     "unbuild": "latest",
-    "vite": "~3.0.0-beta.1"
+    "vite": "~3.0.0-beta.5"
   },
   "dependencies": {
     "c12": "^0.2.7",
diff --git a/packages/vite/package.json b/packages/vite/package.json
index bdfd7a2f7ae..bc767c5d57e 100644
--- a/packages/vite/package.json
+++ b/packages/vite/package.json
@@ -45,7 +45,7 @@
     "rollup-plugin-visualizer": "^5.6.0",
     "ufo": "^0.8.4",
     "unplugin": "^0.7.0",
-    "vite": "~3.0.0-beta.1",
+    "vite": "~3.0.0-beta.5",
     "vite-node": "^0.15.2",
     "vite-plugin-checker": "^0.4.6"
   },
diff --git a/packages/vite/src/client.ts b/packages/vite/src/client.ts
index 3b293e48aba..cfd22842066 100644
--- a/packages/vite/src/client.ts
+++ b/packages/vite/src/client.ts
@@ -22,7 +22,15 @@ export async function buildClient (ctx: ViteBuildContext) {
     ports: Array.from({ length: 20 }, (_, i) => hmrPortDefault + 1 + i)
   })
   const clientConfig: vite.InlineConfig = vite.mergeConfig(ctx.config, {
-    base: ctx.nuxt.options.dev ? undefined : './',
+    experimental: {
+      renderBuiltUrl: (filename, { type, hostType }) => {
+        if (hostType !== 'js' || type === 'asset') {
+          // In CSS we only use relative paths until we craft a clever runtime CSS hack
+          return { relative: true }
+        }
+        return { runtime: `__publicAssetsURL(${JSON.stringify(filename)})` }
+      }
+    },
     define: {
       'process.server': false,
       'process.client': true,
diff --git a/packages/vite/src/server.ts b/packages/vite/src/server.ts
index f3b9b8baba5..03fc59cc056 100644
--- a/packages/vite/src/server.ts
+++ b/packages/vite/src/server.ts
@@ -6,7 +6,7 @@ import { logger, resolveModule, isIgnored } from '@nuxt/kit'
 import fse from 'fs-extra'
 import { debounce } from 'perfect-debounce'
 import replace from '@rollup/plugin-replace'
-import { joinURL } from 'ufo'
+import { joinURL, withoutLeadingSlash, withTrailingSlash } from 'ufo'
 import { ViteBuildContext, ViteOptions } from './vite'
 import { wpfs } from './utils/wpfs'
 import { cacheDirPlugin } from './plugins/cache-dir'
@@ -22,9 +22,19 @@ export async function buildServer (ctx: ViteBuildContext) {
       ? joinURL(ctx.nuxt.options.app.baseURL, ctx.nuxt.options.app.buildAssetsDir)
       : undefined,
     experimental: {
-      buildAdvancedBaseOptions: {
-        assets: { runtime: (url: string) => `buildAssetsURL(${url})` },
-        public: { runtime: (url: string) => `publicAssetsURL(${url})` }
+      renderBuiltUrl: (filename, { type, hostType }) => {
+        if (hostType !== 'js') {
+          // In CSS we only use relative paths until we craft a clever runtime CSS hack
+          return { relative: true }
+        }
+        switch (type) {
+          case 'public':
+            return { runtime: `__publicAssetsURL(${JSON.stringify(filename)})` }
+          case 'asset': {
+            const relativeFilename = filename.replace(withTrailingSlash(withoutLeadingSlash(ctx.nuxt.options.app.buildAssetsDir)), '')
+            return { runtime: `__buildAssetsURL(${JSON.stringify(relativeFilename)})` }
+          }
+        }
       }
     },
     define: {
diff --git a/yarn.lock b/yarn.lock
index 3301d1b56d3..3d23957287a 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1663,7 +1663,7 @@ __metadata:
     ufo: ^0.8.4
     unbuild: latest
     unimport: ^0.3.0
-    vite: ~3.0.0-beta.1
+    vite: ~3.0.0-beta.5
   languageName: unknown
   linkType: soft
 
@@ -1779,7 +1779,7 @@ __metadata:
     ufo: ^0.8.4
     unbuild: latest
     unplugin: ^0.7.0
-    vite: ~3.0.0-beta.1
+    vite: ~3.0.0-beta.5
     vite-node: ^0.15.2
     vite-plugin-checker: ^0.4.6
     vue: 3.2.37
@@ -13722,11 +13722,11 @@ __metadata:
   languageName: node
   linkType: hard
 
-"vite@npm:~3.0.0-beta.1":
-  version: 3.0.0-beta.1
-  resolution: "vite@npm:3.0.0-beta.1"
+"vite@npm:~3.0.0-beta.5":
+  version: 3.0.0-beta.5
+  resolution: "vite@npm:3.0.0-beta.5"
   dependencies:
-    esbuild: ^0.14.43
+    esbuild: ^0.14.47
     fsevents: ~2.3.2
     postcss: ^8.4.14
     resolve: ^1.22.1
@@ -13750,7 +13750,7 @@ __metadata:
       optional: true
   bin:
     vite: bin/vite.js
-  checksum: 9a2ec7a25d35ef8af2107da010f8994d373726d3a275bdf0378c58e853a7acd1d59ce4c8d073eac609ddee8f66882b1a89b3898c964808827615eaf20c3bdbf6
+  checksum: 93a19bae089007236813e2ee95f9fdf342b8abc76a3c39ef2fd08f2bdbe2801bfb3473c7c1812253aad04fd2bda198b5e77bf24b4fb525d72b0003ee15fb4d42
   languageName: node
   linkType: hard