2017 BMW 3 Series Speed Control & Cruise Problems

When I was driving on suburban roads with speed limit of 45 mph, I received a waring from my vehicle saying "engine high temperature, drive moderately". After sometime, it said "engine overheated stop carefully". During the first warning, I felt loss of acceleration power and during the second warning I felt completely no power in acceleration that too when I was yielding for a left turn which was life threatening, luckily the oncoming traffic slowed down. Otherwise I would have ended up in life threatening crash. During both warnings, I checked the engine temperature gauge in the instrument cluster and the engine temperature was not even 50% of the maximum temperature in the gauge. After the warning, I slowly made it to a nearby parking lot and opened the hood and did not physically feel any excessive heat for an engine not to function. I regularly service my vehicle and my vehicle is not due for any kind of service for the next 2000 mile as per the onboard vehicle status. The next day I started the vehicle to help it to climb the tow truck ramp and at that time, for the very first time I received a warning saying engine coolant is very low. I have never received this warning since I have owned the car until then. I have two concerns, 1. The temperature gauge did not show a high temperature, only 24 hours after the electronic engine high heat notification, the low coolant warning came in which is weird and my vehicle isn't due for any service. 2. None of the above should result in a sudden loss of acceleration power which could have resulted in a fatal crash in my case. I'm a mechanical engineer with a strong background in automotive occupant safety (airbags/seatbelts) and that's why I see this a very serious incident that needs to be looked into so that it doesn't occur for anyone else in the future.