So on my new M4 Air, I did not want to install iStat Menus - I don't really need to know how little stress I am putting on this machine 😀. I do, however, like some features of iStat Menus, but not how they are executed (a bit too busy for me). So I tried out Dato, from the prolific developer Sindre Sorhus - you can get this on SetApp or the Mac App Store, and he has a trial version on his site. If you get the Mac App version, there is a "Menu Bar bundle" available for the same price - which gives me a very minimal battery indicator, as well.
Here is what my Menu Bar looks like:

I really like how there is a drop down calendar when you click on the time, as well as any time zones you are interested in (I often need to know UTC for various things).
You can find the app here: https://sindresorhus.com/dato