diff --git a/srcpkgs/cargo/template b/srcpkgs/cargo/template
index 88e1469b38c..4f29e6557c1 100644
--- a/srcpkgs/cargo/template
+++ b/srcpkgs/cargo/template
@@ -1,24 +1,37 @@
 # Template file for 'cargo'
 pkgname=cargo
-version=0.47.0
+version=0.49.0
 revision=1
 wrksrc="cargo-${version}"
 build_helper=rust
-hostmakedepends="rust python curl cmake pkg-config"
-makedepends="libcurl-devel"
+hostmakedepends="rust python3 curl cmake pkg-config"
+makedepends="rust libcurl-devel"
 depends="rust"
 short_desc="Rust package manager"
 maintainer="Enno Boland <gottox@voidlinux.org>"
 license="MIT, Apache-2.0"
 homepage="https://crates.io/"
 distfiles="https://github.com/rust-lang/cargo/archive/${version}.tar.gz"
-checksum=e0eb4e72a6ba4d39040500ce24a12975379c1ddd39c04f23a0e4739e520965de
+checksum=59ba1ce05becb4a5e0772d334d75f9dce3d5487ca288ac986e786241bb1cbac5
 replaces="cargo-tree>=0"
-_cargo_dist_version=0.46.1
 
 build_options="static bindist"
 desc_option_bindist="Generate a tarball for bootstrap"
 
+# rust upstream no longer ships cargo-versioned tarballs
+# need to use the corresponding rust version instead
+_bootstrap_url="https://static.rust-lang.org/dist"
+_cargo_dist_version="1.48.0"
+
+case "$XBPS_MACHINE" in
+	x86_64*|i686|ppc64le) ;;
+	ppc*)
+		# custom bootstrap tarballs still use cargo versioning, so override
+		_bootstrap_url="https://alpha.de.repo.voidlinux.org/distfiles"
+		_cargo_dist_version="0.49.0"
+		;;
+esac
+
 if [ -n "$build_option_static" -o -n "$build_option_bindist" ]; then
 	_build_static=yes
 fi
@@ -27,70 +40,55 @@ if [ -z "$_build_static" ]; then
 	makedepends+=" libgit2-devel"
 fi
 
-if [ "$CROSS_BUILD" ]; then
-	hostmakedepends+=" cargo"
-	makedepends+=" rust"
-else
-	_bootstrap_url="https://static.rust-lang.org/dist"
+distfiles+=" ${_bootstrap_url}/cargo-${_cargo_dist_version}-${RUST_BUILD}.tar.xz"
 
-	case "$XBPS_MACHINE" in
-		x86_64*|i686|ppc64le) ;;
-		ppc*) _bootstrap_url="https://alpha.de.repo.voidlinux.org/distfiles" ;;
-		*) broken="unsupported host: ${XBPS_MACHINE}" ;;
-	esac
-
-	distfiles+="
-	 ${_bootstrap_url}/cargo-${_cargo_dist_version}-${RUST_BUILD}.tar.xz"
-
-	case "$XBPS_MACHINE" in
-		i686)
-			checksum+="
-			 8931dba1c23405fe630aa4ca2aceaba7de74c21cc03947c757b349d004d6a4d6"
-			;;
-		x86_64)
-			checksum+="
-			 a27eb5d47b520ef2c554605bf789f80652af63531b4f6a1195d61b3dfd0f6e9c"
-			;;
-		x86_64-musl)
-			checksum+="
-			 895a3b6928a5bf7b1ac28c339a85ddd078dd719f54245b8d845370baf8255368"
-			;;
-		ppc64le)
-			checksum+="
-			 93354ae5cedaa75d44928d5e232cd9a57a9164cadf47d4a30493c05e60b59b7f"
-			;;
-		ppc64le-musl)
-			checksum+="
-			 12da677338f860362e00089fe5b67ecd619c0ae4a4ca2bd14e500df32f598f49"
-			;;
-		ppc64)
-			checksum+="
-			 eab0c2d96f863e3c87afc46d43c54df6614af333b98ee881278acf56d9bf3fe8"
-			;;
-		ppc64-musl)
-			checksum+="
-			 48770d0f7941005c87c0ddf303a7eca2fcff4c56cfdaaf60b5d862dfeee2a59d"
-			;;
-		ppc)
-			checksum+="
-			 034af894e980f642e31d35978d8cbb8839fe9c8f1119083a720a58f7ad7fb881"
-			;;
-		ppc-musl)
-			checksum+="
-			 aac08878b9ce3bf7dff4247e988fdaddeaa410cccc8559f8e7e0fd45d8f2ece5"
-			;;
-	esac
-fi
+case "$XBPS_MACHINE" in
+	i686)
+		checksum+="
+		 1eab76df91e87198632605752d0dd66f3d84b502cbd1f982f6db3d0d8d943cdb"
+		;;
+	x86_64)
+		checksum+="
+		 b11d595581e2580c069b5039214e1031a0e4f87ff6490ac39f92f77857e37055"
+		;;
+	x86_64-musl)
+		checksum+="
+		 8728cb7515e593f6fcf3c7afba826a92cd227a35b8e936bae892b95482d4fb90"
+		;;
+	ppc64le)
+		checksum+="
+		 675321cf812a132ce707261d03aab2f5ff64788ae66b45d03bc281514f5d53ec"
+		;;
+	ppc64le-musl)
+		checksum+="
+		 cf02e057f04e40458b63326e443c48924c78fc33dcb6b892643d47feb1496b09"
+		;;
+	ppc64)
+		checksum+="
+		 1e7612ea1900b76924429fa04fa2c194f4213167933b481001290dd4fef27939"
+		;;
+	ppc64-musl)
+		checksum+="
+		 88ffadd53e79055ba266f1303d502bcf1ef863783b121aa017930cadcd0e398d"
+		;;
+	ppc)
+		checksum+="
+		 cacacdec7bfd24345804efdd1bd1682084880c3c6a086bcab85cd1186b6cd230"
+		;;
+	ppc-musl)
+		checksum+="
+		 bad4a5d22da3c7548fd440d0d5a0b98e4de9894dedb35bfb58aaa5f141c23adb"
+		;;
+	*) broken="bootstrap binary unavailable for ${XBPS_MACHINE}";;
+esac
 
 post_extract() {
-	if [ -z "$CROSS_BUILD" ]; then
-		mkdir -p target/snapshot
-		cp ../cargo-${_cargo_dist_version}-${RUST_TARGET}/cargo/bin/cargo cargo
-	fi
+	mkdir -p target/snapshot
+	cp ../cargo-${_cargo_dist_version}-${RUST_TARGET}/cargo/bin/cargo cargo
 }
 
 do_build() {
-	local cargo cargs
+	local cargs
 
 	if [ -n "$_build_static" ]; then
 		unset LIBSSH2_SYS_USE_PKG_CONFIG
@@ -100,17 +98,11 @@ do_build() {
 		export OPENSSL_DIR="${XBPS_CROSS_BASE}/usr"
 	fi
 
-	if [ "$CROSS_BUILD" ]; then
-		cargo="cargo"
-	else
-		cargo="./cargo"
-	fi
-
 	if [ -n "$_build_static" ]; then
 		cargs+=" --features=all-static"
 	fi
 
-	$cargo build --release ${cargs}
+	./cargo build --release ${cargs}
 }
 
 do_install() {