Magic Trackpad loses haptic feedback after Monterey install

I have the same issue. I took mine to the Apple store and the Apple Genius plugged it into her MacBook and it started working. I get home and it works until I plug it into my iMac that is running Monterey. I also tried plugging it into my MacBook Air which is also running Monterey and nothing. I then plug it into my iMac that's running Big Sur and now the haptic feedback works, which leads me to believe the issue is with Monterey and not the trackpad.

I have the same issue. M1 Mac mini, after macOS 12.0.1 update, I lost haptic feedback in my Magic Trackpad 2. It sometimes returns if I leave the trackpad switched off for hours at a time, but then quickly loses haptic feedback again.

Yesterday, it sporadically regained haptic feedback for 3 minutes then lost it again. Really hope there is a fix in the works as it seems to be a Monterey issue, and not a hardware one. If I pair the Magic Trackpad with my Intel MacBook Pro running Big Sur, it works flawlessly.

Same here for me with my Magic Trackpad 2 and MacBook Pro (15-inch, 2018) started with 12.0.1, still not fixed with 12.1. When it's reset and re-paired with with my machine it works for a few minutes then stops again.

I guess I got excited for no reason. The haptic feedback worked for less than a minute and now it's back to not working.

Similar problem for me with a 2019 27 iMac, haptic feedback gets out of sync often (around 1-2 seconds late) and I have to connect it to the USB port to make it work correctly again. Same problem with the keyboard, stops working, needs to be connected at least once a day to reconnect. Was hoping version 12.1 would fix it but no joy...

I’m facing same problems without any updating the OS. It comes back some time, especially after reseting VRAM.

Is there any other way to solve this, please? Its annoying