Lundqvist played in nine games for IF Mölndal Hockey in the Swedish second tier Allsvenskan before joining Frölunda's junior team in the J20 SuperElit in December. After his poor play in Allsvenskan and a tough start in the J20 SuperElit, he allowed six goals in an exhibition game against Canada. National junior team coaches Bo "Kulon" Lennartsson and Mikael Tisell were worried and decided to have a talk with Lundqvist, where they questioned his motivation. Lundqvist's turning point came at the turn of the year at the 2001 World Junior Ice Hockey Championships in Moscow, where he led the Swedish national junior's team to a fourth-place finish in the tournament. He spent the rest of the season in the J20 SuperElit where he played 18 games, leading the league in minutes played by a goaltender. In the playoffs, he led Frölunda to their second straight Anton Cup win, which came in a 5–2 win over Leksands IF in the final at the Stockholm Globe Arena.