lawl, perhaps someday when a hybrid sensor is made that stores kinetic energy, but no. What you're thinking about is that they are activated when the tires are in motion. The battery life is limited, like has been mentioned, to about seven years.
My Seiko Arctura probably doesn't use much power but it charges from my arm swing. I have not worn the watch for a month and it still has the correct time. It would be nice if they incorporate a battery with a capacitor and some kinda miniature em conversion unit in it. I am sure they can make them relatively small too.