As days pass, there are no new answers, and old ones are deleted, then let me show how the little $o$ technique can be used to get an answer:
I'll use well know formulas
$$ \begin{align*}
&y=\cos 2x-1 = - \frac{2^2}{2!}x^2+\frac{2^4}{4!}x^4-\cdots+(-1)^n\frac{2^{2n}}{(2n)!}x^{2n}+o(x^{2n+1}) \\
&e^y=1+y+\frac{y^2}{2!}+\cdots+\frac{y^n}{n!}+o(y^{n})\end{align*}$$
Now, if substitute $y= \cos 2x - 1$ first line in second and grouping members with same power up to, for example, $6$ we get
$$e^{\cos 2x - 1}=1- \frac{2^2x^2}{2!}+\left(\frac{2^4}{4!}+\frac{1}{2!}\left(-\frac{2^2}{2!}\right)^2\right)x^4+\\+\left(\frac{-2^6}{6!}+ \frac{1}{2!}\cdot 2\cdot (-2^2)\cdot \frac{2^4}{4!} - \frac{2^3}{3!}\right)x^6+o(x^{7})=\\
=1-2x^2+\frac{8}{3}x^4-\frac{124}{45}x^6+o(x^{7})$$
where I use, that in zeros neighbourhood small little $o$ power "eats" big one. For clarity let me explain, for example, braces for $x^6$: first summund comes from $y$ - there is only one member with $x^6$, second from $y^2$ - there are two members with $x^6$ and third from $y^3$.