That 33 mm suggests that we may see an RF-s replacement for the EF-M 32mm that is lighter and possibly cheaper with excellent performance if the RF 28mm is to be taken as an example.
That doesn't make a huge amount of sense to me. Lens designs for about the 20-50mm range (in terms of 24x36mm sensors) are much simpler when they don't have to leave a lot of room for the flipping mirror. The natural way to design these lenses results in rear elements closer to the sensor than the mirror would allow. (Past 20mm the lens design starts getting complicated again no matter what you do.)
But the EF-M lenses ARE mirrorless designs, with very short film-to-flange distances. They can't be used on cameras with mirrors, unlike EF-S, right? So an EF-M has basically all the design freedom an RF-S does.
If it is legitimately lighter and cheaper and not suffering in some other way (bigger, less sturdy, slower AF, more aberrations, worse OOF bokeh, etc.), that'd be real news. The only things I can think of are that RF lenses no longer have to care about vignetting or distortion, since these can be undetectably*** fixed digitally. It's possible that new lenses are letting these two metrics slide into the wastecan, and using the resulting freedom to improve every other aspect of the lens (e.g., making it lighter AND cheaper AND higher resolution AND lower aberration AND better OOF highlights etc.).
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*** I know others say differently but I've asked on this forum politely for counterexamples 50 times and the only counterexample to my statement that I've seen was Milky Way astrophotography where vignetting correction caused a bit more visual noise in the far corners. I totally recognize that as an exception to my statement above, but I would also say that it's a very very unusual and specific case where ISO is already very high, corners EXCEEDINGLY dark, aperture already fully wide, and not much freedom to lengthen exposure, on top of using an ultra-wide angle lens which are typically more prone to cos^4 vignetting on top of other vignetting. Remove any one of those factors, and the digital correction of vignetting would have no visible effect. EG if ISO were lower, no noise. If corners were zone III+, no noise. If aperture not fully open, you could open up, reduce ISO, and no noise. If the subject weren't in very slow motion, you can use a longer exposure, and lower ISO, so no noise.
And as for distortion correction I've had lots of people proudly say that the distortion correction lowered image quality too far for their exacting requirements, but never have seen an actual example of something where you can even tell it was in use.