Powering the car would be a 1.0-litre turbo petrol motor, in tune with the current times.
The product, which its maker claims is a feature-rich premium offering for the future, will be revealed through a virtual event.
The car that was spotted had a dual-tone paint scheme, alloy wheels and had only its badges covered off.
The car has been designed to standout and it has to, because it will enter a crowded segment.
The Magnite Concept was recently unveiled by Nissan with a claim that it will be technology-rich.