Ezekiel,
The main reason why a wheel-mounted dynamo/generator would not help to charge an EV's batteries can be explained by Newton's third law of motion. That is to say, for every action there is an equal and opposite reaction. Therefore, mounting a generator on a wheel to create electricity applies a torque load on the wheel. In order for the car to maintain a constant speed, the battery must must supply additional power to the motors to overcome the generator load. So you see, the generator can never add more power than is being taken out of the batteries.
However, this concept is used by all EV's to slow down as ajdelange mentioned above. The electric motor can act as a generator by applying a reverse torque to the drive wheels, creating a charge to the batteries, and thus slowing the vehicle.