Your project requires a newer version of the Kotlin Gradle plugin. (Android Studio)

You need to change the kotlin version in your android root project, projectName/android/build.gradle, instead of projectName/android/app/build.gradle.

Change the version at ext.kotlin_version line:

buildscript {
    ext.kotlin_version = '1.6.10' // Change here
    repositories {
        google()
        jcenter()
    }

    dependencies {
        classpath 'com.android.tools.build:gradle:4.1.0'
        classpath "org.jetbrains.kotlin:kotlin-gradle-plugin:$kotlin_version"
    }
}

UPDATE

The above solution will also works if your android part of the project is using java where the dependencies are using kotlin and you’ve encountered the following error:

Incompatible classes were found in dependencies. Remove them from the classpath or use '-Xskip-metadata-version-check' to suppress errors
e: /home/user/.gradle/caches/transforms-3/36814238b86d8b6b6f9e4e1263bce879/transformed/jetified-kotlinx-coroutines-core-jvm-1.5.2.jar!/META-INF/kotlinx-coroutines-core.kotlin_module: 
Module was compiled with an incompatible version of Kotlin. 
The binary version of its metadata is 1.5.1, expected version is 1.1.15.

AndroidStudio or IntelliJ Idea will give hint in the project build.grade file if the kotlin is not the same with the installed kotlin in the IDE.